Last year, the Bank of England announced that it would print the next £5 and £10 banknotes on polymer. The Bank revealed Friday that it has entered into a contract with Innovia Security to supply the polymer material for the new-style £5 and £10 notes.
Innovia will establish a plant in Wigton, Cumbria, to produce polymer for the banknotes. The plant will be operational beginning in 2016.
The Bank of England will continue to produce the actual banknotes at its printing works in Debden, Essex.
On the second day of this year's AFP conference Trump's potential tax reform, using synthetic debt and the expected benefits of SWIFT GPI were all hotly discussed topics.
Today CGI and GTNews have announced the launch of the fifth annual Transaction Banking survey report, which offers which offers critical insight into the corporate-to-bank relationship.
On-Demand Treasury Management Solutions continue to gain increased adoption in the US and EMEA regions.
Treasurers are being expected to do more work with fewer resources than ever before, so it is little wonder that the automation of day-to-day operations was highly discussed on the second day of EuroFinance, the annual treasury event held in Barcelona this week.