CCL Secure repeat winner for leading-edge innovation by CFI.co
9 July 2018
London, England – CCL Secure has been awarded for the second year in a row ‘Most Innovative Banknote Technology Global’ in the 2018 CFI.co Awards for its Guardian™ polymer substrate, the most sophisticated banknote substrate in the world. The award recognises our company’s ongoing efforts to keep redefining banknote security, as well as giving back to the industry to help it grow.
CCL Secure will be featured in the upcoming edition of CFI.co, a leading financial and economic journal based in the United Kingdom, to recognise the achievement. The annual awards program brings together the critical eye of a combined 170 years' leadership and experience in financial journalism.
Each year, CFI.co seeks out individuals and organisations that contribute to the convergence of economies and add value to all stakeholders. The awards identify and reward excellence in the hope to inspire others.
Comments from the Judges’ Report are below.
Most Innovative Banknote Technology Global 2018
The world’s largest manufacturer, by far, of polymer banknote substrate, CCL Secure has lifted paper money onto a high-tech pane. The company’s “plastic money” – the real thing as opposed to wallet-sized cards – is virtually indestructible and now incorporates a number of new security features that allow for the instant identification of individual banknotes to ascertain authenticity.
Innovia Films’s, CCL Secure’s sister company, Clarity™C film technology provides each note with a unique fingerprint, raising the bar for counterfeiters to a virtually insurmountable height. By demonstrating its willingness to share Clarity™C with other substrate suppliers, CCL Secure has ensured that its technology became the industry’s standard. The company argues that its innovative, if note revolutionary, approach to banknote security marks a paradigm shift that stands to benefit the entire industry. Clarity™C imposes no additional costs on customers and is now widely available thanks to its open architecture.
CCL Secure provides over 90 out of every 100 polymer banknotes globally. The company maintains three production facilities and five production lines in different parts of the world in addition to a dedicated research and development in Australia and a state-of-the-art forensic laboratory in the UK. CCL Secure has manufactured well over fifty five billion banknotes, which currently circulate in 24 countries. Each year, the company introduces five or more new denomination designs, which enter into production and circulation.
The CFI.co judging panel agrees that polymer banknotes – resistant to wear and tear, inherently secure, and exceptionally user-friendly – are the future. Polymer banknotes also represent a growth industry. The move away from paper money is gathering momentum with most Central Banks only now realising the enormous cost savings to be had from lower replacement rates and tamper-proof security features. The judges are pleased to offer CCL Secure, a repeat winner, the 2018 Most Innovative Banknote Technology Global Award.
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