Banknote Market Size, Share, Growth Analysis, By Type(State-Owned and Commercial), By Application(Intaglio Printing, Offset Printing, and Letterpress Printing), By Region - Industry Forecast 2024-2031

On February 2024, it is announced that King Charles-III portrait will be printed on the UK’s €5, €10, €20 and €50 note. No other changes will be made to the existing designs.

• In January 2024, Pakistan will present new money notes with upgraded security elements to battle fake monetary standards.

• In November 2023, Magnati, a leading payments company in the Middle East, is engaging shippers by adding another installment technique to its item suite as a team with TerraPay, a main worldwide crossline installments organization, with a sweeping arrival across 7.5Bn+ ledgers, 2.1Bn+ portable wallets, and 29 worldwide licenses and regulatory approvals. This joining permits numerous African guests and occupants in the UAE to advantageously pay for labor and products utilizing their favored computerized wallets. Over the long haul, with more than 50,000 installment terminals tolerating TerraPay-fueled wallets in Africa, Magnati will drive development in the installments business.

• In December 2023, FinTech's new companies are pushing conventional banks to change by utilizing innovation. These new businesses are viewed as a danger to banks, so banks are collaborating with them to remain serious and work on their innovation. The review sees how banks in Turkey work together with fintech firms and in what regions. It found that large banks in Turkey favor joining forces with fintech companies on items as opposed to putting resources into them. They additionally favor working with fintechs in regions other than installment administrations. Youthful fintech new businesses in Turkey, for the most part, center around installment administrations, particularly those situated in Istanbul, and they frequently band together with business banks in this field.