The International Association of Currency Affairs (IACA), a non-profit association of central banks, finance ministries, mints and suppliers dedicated to making cash the best that it can be, will present their Excellence in Currency Technical Awards during the opening session of Banknote 2018.
IACA’s Excellence in Currency Awards were launched in 2007, the first awards program to recognize outstanding currency and coin projects. IACA’s Technical Awards are open to central banks and organizations providing products, systems, or services.
Anyone may make a nomination; the winning projects will be selected by vote of IACA’s delegates. Details will be announced closer to the event.
IACA encourages the nomination of projects for awards in two categories.
This category includes but is not limited to new security features, changes to substrates, innovation in banknote durability, innovative printing, or other significant new technical improvement to banknotes.
This category includes new technical ideas, means, or methods of how something is done in the currency industry. The category includes but is not limited to projects involving a new machine, a concept, a patent, software, or change to a process within the cash processing, distribution, or manufacturing environment. It also includes significant improvement or changes in equipment or processes including but not limited to sorters, sensors, software, and other components of devices used throughout the currency distribution system at financial institutions, retailers, or other locations. Policy changes implemented by central banks, monetary authorities and other public bodies may also qualify as currency innovations.
To nominate a project please go to the IACA awards website:
Everyone is welcome to nominate eligible projects…it is not necessary to be an IACA member. IACA looks forward to recognizing another round of outstanding projects that support making cash the best that it can be.