Programme

Monday 4 December 2023 – Workshops

09:00 – 12:30- Operation Timerbrier- A Counterfeiters Fall from Glory

Kerre Corbin, Kerrency Ltd

A father and son team were sentenced in December 2022 after pleading guilty to manufacturing £977,000 worth of counterfeit banknotes. This is their story.

Learn how these counterfeiters used Dearneside Press, a legitimate printing business, to manufacture counterfeit Scottish banknotes. The counterfeit notes were printed at the shop, then taken to the son’s house to simulate all the security features. Three boxes of evidence were submitted for examination after the raid on both properties, but there was more to come. Sheets of counterfeit banknotes, inks, stamps, rolls of used and unused foil, dies for hot foil stamping machine, genuine pattern banknotes, crime scene photos, and computer files/images had to all be linked together for the six different counterfeit banknotes. Holograms, windowed threads, and UV patterns were simulated on UV dull paper. Amongst all the evidence was a huge surprise that Mr. Gaunt could not refute. A mammoth task, but it was all worth it!

09:00 – 12:30 – Identity Document Fraud in an Online Environment – The Challenges of Digital ID Verification

Michael van Gestel, Onfido

With the digital revolution of the 21st century, millennials, governments, and corporations have increasing requirements for self-service, quick and reliable document authentication remotely and at scale. The revolution is upon us and fraudsters have access to better technology, leaked data and a vast library of faces from social media.

This workshop will focus on the challenges global organisations deal with when trying to stop targeted attacks in a document not-present environment. During this interactive workshop we will share some of the latest fraud rings we have detected and the results of our research that can help you make better informed decisions regarding document authenticity in an online environment.

13:30 – 17:00 – The Next Level – Mastering Machine Authentication

TBC, Secura Monde International

The efficient handling of high volumes of banknotes requires machine handling to count, fitness check and authenticate the banknotes. Machine readable security features have been included in banknotes, therefore, for many decades.

While banknotes have evolved, so have the machines that handle them. Some have got bigger and faster, other machines have moved out of the central banks and become commonplace even into retail outlets. As a result, the range and variety of security of machine readable features has also evolved.

Part of that change has been prompted by increasingly sophisticated and organised attacks on banknotes. Driven by this, today we have not only ‘level 2’ machine readable security features designed for day to day use, but ‘level 3’ features which are highly secure, covert, central bank only features designed to deliver near forensic level authentication at speed and in volume.

As the increasing need for automation becomes ever more essential to reduce the cost of cash; and as the commercial sector takes increasing responsibility for the management of cash within the national cash cycle, so there is greater importance to ensure that the machine-readable elements on the physical banknote remain difficult for counterfeiters to reverse-engineer whilst being more reliable and effective – and, just as importantly, that the sensors on cash management equipment are more adept at interpreting the signal from these features so as to be able to sort and authenticate accurately at higher speeds.

This seminar will focus on the interaction between the machine-readable technologies on the market today – both those level 2 features used by the commercial sector, and the covert level 3 central bank features – to explore the importance of these technologies, their interface with cash automation sensors, banknote design implications, and how they should be adopted so as to ensure there is minimum disruption and cost to the commercial sector when new banknote designs are issued by the central bank.

The seminar will be run by Secura Monde International, security consultants specialising in the entire lifecycle of cash, with contributions from some of the leaders in cash cycle technology and solutions for level 2 and 3 security.

Tuesday 5 December 2023

Hover on the presentation title or speaker to see if more information is available.

Session 1 – Currency and Identity Documents in Asia-Pacific

09:00

Welcome Address

Dr. P. Nandalal Weerasinghe

Central Bank of Sri Lanka (Sri Lanka)

09:15

Cash Usage and Trends Across Asia

John Winchcombe

Currency News (UK)

09:35

Sri Lankan Experiences: Currency Management, Quality Improvement and Counterfeit Deterrents

M C Dilhan de Silva

Central Bank of Sri Lanka (Sri Lanka)

09:55

Sri Lanka Unique Digital Identity Project

TBC

The Ministry of Technology’s Information and Communication Technology Agency (Sri Lanka)