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With Armaguard under threat of insolvency, big four banks poised to intervene to save cash transporter

With Armaguard under threat of insolvency, big four banks poised to intervene to save cash transporter
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Coober pedySouth australiaPaul grahamConsumer commissionAustralian banking associationAustralian competitionReserve bankAustralia postNote printingSpanish owned prosegurNext payments

RBA appoints operations chief

The Reserve Bank of Australia (RBA) has named its chief operating officer who will take up the newly created role on March 4.

Andrew hauserMichele bullockReserve bankNote printing

Indian company awarded contract fails to deliver Rs 1000 banknotes with Nepal raising concerns over quality

KATHMANDU, Dec 22: The Indian company awarded the tender to print banknotes of Rs 1000 denomination with security threads has not yet delivered the notes. Nepal Rastra Bank (NRB) granted approval to Security Printing & Minting Corporation of India Ltd in November 2022 to print Rs 1000 banknotes worth Rs 430 million. However, the company, approved to print a total of US $11.13 million (approximately Rs 1.47 billion), has not submitted a single banknote as per the agreement.

West bengalRam pokharelNepal rastra bankCurrency management departmentRastra bankSecurity printingMinting corporationIndia ltdKolkata portPublic procurement actNote printingCoin mintingFirst amendmentNline news nepalEpal newsEpal news online

Philippines bank note tops voting in IBNS competition

The votes are in and the overwhelming favorite for 2022 Banknote of the Year for the International Bank Note Society is a 1,000-piso note from the Philippines Central Bank.

National bankAl qahirahPerum peruriJawa baratSouth seaBrunei generalHong kongUnited kingdomWalter scottGiesecke devrientErrol barrowFlora murrayPakistan security printing corporationCentral bankDe la rueInternational bank note society

ChatGPT falsely accused a mayor of bribery when he was actually the whistleblower—now he wants to sue in what could be the first defamation case against a bot

OpenAI’s revolutionary chatbot ChatGPT is nearly as famous for its breathtaking speed (and seeming intelligence) as for its preponderance of mistakes. Now

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