Banknote 2018 panel topics and discussions are designed to harmonize industry awareness on key technological issues and encourage positive dialogue for the benefit of the industry.
Banknote 2018 is delighted that Doug Pertz, President and Chief Executive Officer of The Brink’s Company, will open the conference with the welcoming address. Doug has led several global companies as CEO over the past 20 years. Throughout his career, he has consistently achieved success in driving operational excellence and revenue and profit growth. Doug will discuss changes in cash management and what they could mean to the banknote industry.
Before we can discuss the solutions to make more secure banknotes, we must first understand the threats. What features and programs are effective and what aspects of deterrence could we be improving upon? Central Banks and counterfeiting specialists from around the world will share their perspective and research along with some insights on the counterfeiting techniques, tools and distribution methods to help understand the threat environment we work in and how crucial it is that we continue to innovate.
Additional panelists to be announced.
Resiliency testing is a fairly new concept in the development process of banknote security features. Many central banks have begun conducting their own adversarial analysis on features they consider for their banknotes to better understand how effective the features will be at thwarting would-be counterfeiters. This panel will help explain this new frontier: What are the typical procedures of a feature supplier and what are the methodologies of a central bank? Can there be efficiencies gained from redundant testing? Can and should there be standardization around the testing? Central banks and feature suppliers will share their methodologies and perspectives. Moderator and additional panelists to be announced.
Central banks spend a lot of money researching, incorporating, and educating the public about level one security features. Yet, time and time again surveys show that the public is hardly aware of these features. Are we wasting time and money? Central bankers and suppliers will share their views on the effectiveness of Level 1 features and how the industry can get the most out of these features. New ideas will be shared for inspiring public awareness. Could banknotes be as secure, or even more secure, without Level 1 features? Perception studies, public opinion polls, and security feature research will be shared to provide more insight on the topic. Additional panelists to be announced.
The key cash stakeholders, BEMs (Banknote Equipment Manufacturers), cash management companies, technology providers and central banks will take the stage and discuss their perspectives on the cash cycle of today and what it might look like 10 years down the road. How is the proliferation of automation in the cash cycle and the challenges and opportunities this presents, affecting currency distribution decisions for the future? How will the role of central banks, BEM’s and banknotes producers change as note acceptance and evaluation technology with greatly enhanced functionality and connectivity becomes ubiquitous throughout the cash cycle?
At the very core of banknote verification are the sensors. How are central bank requirements changing and how might the evolution of features and data capture influence sensor development? As banknotes become more sophisticated do sensors become more customized? The progress of CDI2 as a gateway for third parties to enter the market, effectively separating machine/transport from sensor development, will also be discussed. Central banks and industry suppliers will discuss these general needs, issues, and longer-term trends.
Innovation in payments and digital currency are accelerating at breakneck speed. What impact are these emerging payment technologies having on consumer behavior? The panel will review some of the critical issues surrounding these newest technologies and help contextualize their potential as well as the impact they may be having on banknote usage. Central banks will discuss their perspective and share their research into digital currency deployment, while representatives from alternative payment technology entities will share their views and strategies in the payment space. Additional panelists to be announced.