Flexible Electronics News

French Central Bank Selects Giesecke & Devrient as Technology Partner for Banknote Processing

Authenticating, counting and sorting up to 120,000 banknotes per hour

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Banque de France, the French central bank, is modernizing its cash centers and boosting their level of automation. Giesecke & Devrient (G&D) won the tendering procedure for updating the bank’s processing systems over all competitors and was appointed main supplier of Banque de France’s banknote processing solutions. The central element of the future banknote processing solution is G&D’s BPS M7 banknote processing system. Due to its modular construction, the system can be precisely...

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