Cash Works… But It Could Work Even Better!

This is the title of the Koenig & Bauer Banknote Solutions (KBBNS) white paper on cash innovation & sustainability, issued on 23 January 2023. ¹

The white paper describes the relationship between how the banknote product is manufactured and how it is distributed, accessed, used and recycled. It argues that there is the opportunity to manage cash differently, reducing costs and environmental impacts, and to make cash more resilient. For a company traditionally associated with banknote production machinery, this paper is an unexpected, but welcome, contribution to thinking about the future.

Mark Stevenson, Market Development Manager at KBBNS, says, the ‘white paper clearly presents the relationship between the banknote product and the banknote service system (cash cycle) and demonstrates not only what we can do to create a sustainable future for cash but how we can do it, as a community. We don’t have all the answers, but by collectively engaging in future-thinking around this white paper we believe that innovators can fill the gaps on the complex mosaic landscape of cash and in particular banknotes by connecting enabling technologies with current and emerging requirements.’