Thank you to our Sponsors & Exhibitors

2023 Review

A Confluence of Innovation, Design, Security and Technology at HSP Asia

The 2023 High-Security Printing™ (HSP) Asia conference took place in Colombo, Sri Lanka, from 4-6 December, following a four-year break due to the pandemic. This marked the conference’s first appearance in Sri Lanka, featuring a well-organised programme and a diverse audience of specialists.

The conference hosted 230 delegates from 102 organisations across 37 countries. It spanned three days, including pre-conference workshops on identity and currency.

The identity workshop was hosted by ID technology company Onfido, which addressed the growing demand for self-service and online document authentication and the challenges global organisations face to stop targeted attacks in a document-not-present environment.

There were two currency workshops, the first hosted by counterfeit expert Kerre Corbin. She described how a father and son operation was sentenced in 2022 for manufacturing £977,000 worth of counterfeit Scottish banknotes. The notes were printed at a legitimate printing shop and then taken to the son’s house to simulate the security features, including holograms, windowed threads and UV patterns.

The second currency workshop was led by cash security consultants Secura Monde International, focusing on the importance of, and interaction between, the various machine-readable technologies available on the market today. These included both level 2 features used by the commercial sector and level 3 features used by central banks.

The following day, the main conference programme was launched with a welcome address by the Governor of the Central Bank of Sri Lanka, Dr P Nandalal Weerasinghe, followed by an overview of currency management in the country. John Winchcombe of Reconnaissance then shared the latest cash trends and developments across the Asian region.

 The programme was subsequently divided into parallel tracks for currency and travel/identity documents, allowing delegates to choose their areas of interest. The sessions covered the critical themes of the identity and currency lifecycle, from innovation, design, security, production and automation to recycling and sustainability. In all, over 40 presentations were delivered.

Some highlights included:

  • Note Printing Australia’s presentation of its award-winning R-Series passport. The newly released passport provided an interesting example of using UV-based features to complement and enhance overt and covert design elements such as impregnated substrate fibres, multi-coloured StarLites™ (planchettes), earthy-coloured stitching threads, and full-colour offset-printed images.
  • Landqart presented a physical/digital innovation based on its Durasafe® Certify paper-polymer composite substrate and TECH5’s technologies for issuance and offline verification of digital IDs.
  • Gleitsmann Security Inks, now part of IN Groupe, presented its mouveink traffic light and mouveink polar security features, which, through a combination of proprietary pigments in one single ink, provide a series of unique effects under UV light, including an afterglow.
  •  IQ Structures presented its IQ Check solution incorporating machine-readable holograms, for applications ranging from ID cards to brand protection. The solution works by the user tilting the hologram up and down and from side to side, in front of a smartphone camera equipped with a special app, so that the camera can pick up the hologram’s unique visual effects and subsequently authenticate it. The hologram is created from micro-segmentation technology, where any attempt to manipulate it ends up disintegrating the hologram into thousands of miniature parts.
  • Micaal Sidorov, General Secretary of the International Hologram Manufacturers Association (IHMA), unveiled the Security Image Register. This expansion of the Hologram Image Register will enable feature developers, printers and issuers to register all their optically variable features in a secure registry to help protect copyrights and avoid lookalikes (see ABN’s sister publication Holography News®, December 2023).
  • On the sustainability front, Hunkeler Systems reviewed how central banks are disposing of unfit banknotes, pointing out that mixed substrates are becoming the norm and that separation is crucial to destruction. Then, Brazil-based Blendpaper explained how it could recycle both waste from the paper-making process and shredded printed banknote paper waste for reuse in the production of new paper. 

Regional awards

Another highlight of the conference was the presentation of the regional HSP Asia awards (HSPA), with three categories for Banknote of the Year and three for ID Document of the Year.

And the winners this year were:

Regional banknote

  • Best New Series – National Bank of the Kyrgyz Republic for its 5th banknote series
  • Best New Banknote – Bangko Sentral ng Pilipinas for the 1,000 Piso
  • Best New Commemorative Banknote – jointly awarded to the Central Bank of Samoa and China Banknote Printing and Minting Corporation.

Regional ID Document

  • Best New ePassport – Australian Passport Office for the new R-series passport
  • Best New ID card – the Philippines for its national ID card.

 The next HSP Asia will be held from 2-4 December 2024 in Bangkok, Thailand.


Yes! I am very pleased about the outstanding quality of most of the presentations! I got a fantastic insight in the different branches and issues covering banknote printing as well as the challenging future.

I.T.G.-GmbH Graphic Products

The combination of meeting business partners and customers while being well supported by friendly and competent Reconnaissance staff makes HSP conferences very attractive to us. Thanks for another great event at a very nice location.


Reserves banks and high security manufacturing suppliers across the world share the knowledge, technology and facilities world wide to ensure reliability, safety and accuracy of high security documents of sovereign nature.

Security Printing and Minting Corporation of India Limited

Outstanding experience, cozy atmosphere and perfect organisation as usual. Thank you.


Extremely interesting sessions. Very well organised and plenty of occasions for networking with other delegates.

Trelleborg Coated Systems Italy S.p.A.

Great atmosphere, great people, great organisation, great time, great location and great presenters.



Afghanistan Revenue Department


ALFT Packaging Company (Pvt) Ltd.

Sri Lanka

APO Production Unit


Authentication Solution Providers’ Association


Bank Indonesia


Bank of Papua New Guinea

Papua New Guinea





Bundesdruckerei GmbH


Canada Border Services Agency


Casa da Moeda do Brazil


CCL Secure


Central Bank of Iraq


Central Bank of Sri Lanka

Sri Lanka

China Banknote Printing and Minting Corporation (CBPM)






Crane Payment Innovations


Currency Research

Datasonic Group Berhad


De La Rue

United Kingdom

Department for Registrations of Persons

Sri Lanka

Department of Chemistry Malaysia, Ministry of Science Technology and Innovations (MOSTI)


Department of Government Printing

Sri Lanka

Distinkt SL


Election Commission of India


EPIC Lanka (Pvt) Ltd

Sri Lanka

FNMT (Fabrica Nacional de Moneda y Timbre – Real Casa de la Moneda)




Giriraj Foils


Gleitsmann Security Inks


Glory Global Solutions


GWT Wasser- und Wärmetechnik GmbH


HID Asia Pacific Limited

Hong Kong

HID Global




Hong Kong Monetary Authority

Hong Kong

Hueck Folien GmbH


Hunkeler Systeme AG




Immigration and Checkpoints Authority, Singapore


IN Groupe


IQ Structures

Czech Republic

Jura JSP


Kerrency Ltd

Koenig & Bauer AG


Komori Corporation


Kumbhat Holographics


Landqart AG


Leonhard Kurz Stiftung & Co KG


Lotus Partners


Luminescence Sun Chemical Security


Madras Security Printers


Maldives Monetary Authority




Membraflow Control Systems


Ministry of Justice and Security, Immigration Naturalisation Services


Money Talks

National Bank of Kyrgyzstan


National Printing Bureau, Japan


NaxRo / Bangladesh


Nepal Central Bank


Note Printing Australia


Oberthur Fiduciaire




Orell Füssli Security Printing


Oumolat Security Printing

United Arab Emirates

OVD Kinegram


Pakistan Revenue Authority


Pakistan Security Printing Corporation


Papeteries De Vizille






Polish Security Printing Works (PWPW)


PPG Industries Inc


Presidential Communication Office


Regula Forensics


Reserve Bank of India


Royal Dutch Kusters Engineering


Royal Monetary Authority of Bhutan


RSE Banknote Factory of the National Bank of the Republic of Kazakhstan


Schwarz Druck GmbH


Secura Monde International


Security Fibres Ltd


Security Identification Union






Sinosun Technology Co., Ltd


Softlogic Information Technologies Pvt Ltd

Sri Lanka

Stardust Secured


SURYS – IN Groupe


The Indonesian Government Security Printing and Minting Corporation


Vacuumatic Maschinen




WTG Water Treatment GmbH




Zhongchao Special Security Technology CBPM


Good presentations, good attendance and always well organised.


Very good conference. Particularly enjoyed the gala dinner.

Franbeck Ltd

This conference is a bowl of opportunities and knowledge.

Perum Peruri


Sunday 3 December 2023 

10:30 – 17:00- De La Rue invites you to “Future of Banknotes” seminar series, followed by Afternoon Tea at the British High Commission in Colombo.

As part of the programme in the run up to HSP Asia, taking place 4-6 Dec 2023, in Colombo, Sri Lanka, De La Rue are inviting Central Banks to attend the latest instalment in their “Future of Banknotes” seminar series, followed by Afternoon Tea at the British High Commission in Colombo. 

The “Future of banknotes” seminar will include:

  • Latest update in seminar series
  • Exclusive seminar content
  • Connect with De La Rue’s experts
  • Learn about the latest developments in the payments landscape, join our counterfeit workshop,
  • See the latest innovations in banknote design and substrate integration
  • See how we work to create sustainable products
  • Learn about the latest product innovations
  • Share insights with peers

 Afternoon Tea

Following the morning’s seminar De La Rue invite you for a private Afternoon Tea Party at the British High Commission in Colombo.

A quintessentially British occasion, De La Rue would very much like you to join for tea, cakes and other delectables before returning you to the Shangri-La hotel for your evening activities.

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 & Simon Horswell, 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

Jonathan Ward & Martin Arkwright, 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


Welcome Address

Dr. P. Nandalal Weerasinghe

Central Bank of Sri Lanka (Sri Lanka)


Cash Usage and Trends Across Asia

John Winchcombe

Currency News (UK)


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

M C Dilhan de Silva

Central Bank of Sri Lanka (Sri Lanka)




Philippines Statistics Authority (Sri Lanka)

10:15 Session Q&A
10:30 Break – Refreshments

Session 2 – Currency Developments

Session 2 – Developments in National ID and Passports


Power to the Print – Komori Corporation, 100 Years of Design and Manufacturing Excellence

Phil Holland

Komori Corporation (Japan)


Successfully Managing Polymer in Diverse Environments

Nikki Strickland

De La Rue (United Kingdom)


Brilliant Movement for Highest Security

Michael Ritschewald

Hueck Folien GmbH (Austria)


Cutting-Edge Technologies Activate the Ancient Chinese Painting: China issued four commemorative banknotes for the 24th Beijing Winter Olympic Games

Shao Zhenyu

China Banknote Printing and Minting Corporation (CBPM) (China)

12:50 Session Q&A


A Landscape of Pakistan ID and Secure Documents

Syed Faizan Haider Shah

Pakistan Security Printing Corporation (Pakistan)


Exploring New Security Features For Polycarbonate ID Documents

Christoph Husmann

De La Rue (United Kingdom)


Evolution of the Australian R Series Passport

Nuwan Kalpage

Note Printing Australia (Australia)


Bringing Physical Documents into the Digital Realm

Richard Perera

Landqart AG (Switzerland)

12:50 Session Q&A
13:00 Lunch

Session 3 – Design & Security


Banking on Heritage

Rukmini Dahanukar

MoneyTalks (India)


Durability and Creativity go Hand in Hand

Richard Perera

Landqart AG (Switzerland)


Latest Security Thread Technologies

Julien Gillot

Oberthur Fiduciaire (France)


KINEGRAM® Security Features – The Clearest and Most Intuitive Mark of the Genuine Banknote

Thomas Kleindienst

Leonhard Kurz Stiftung & Co KG (Germany)


Innovative Security Feature for Banknotes: Moov™ Series by Surys

Abderrahmane Belmaachi

SURYS - IN Groupe (France)

16:00 Session Q&A

Session 3 – Design & Security


How Impeccable Design in Identity Solution is Critical to Achieving the Benefits of eGovernment?

Kenny Ching

HID Global (UK)


Innovative, Secure and Adaptative Solutions to Secure the ID Cards and Access all Services – A Case Study of the Togo HealthCare Card

George Lam

IN Groupe (France)


Leveraging Specialty Films to Enable Highly Secure ID cards and all-in-one Passport Concepts

Henry Leung

Covestro (Germany)


Advanced Technology for Securing the Holder’s Primary and Secondary Images

Florian Pacquelin

Veridos (Germany)


Facial Morphing. How to Protect Against It

Nadezhda Beliatskaya

Regula Forensics (Latvia)

16:00 Session Q&A
16:15 Close of Day One
16:20 Extended Exhibition Viewing


18:30 Gala Dinner

Wednesday 6 December 2023

Session 4 – Currency Production and Automation


Banknote Security as a Complete System

Jürgen Kaufmann

G+D Currency Technology (Germany)


Creating Value vs. Cost Reduction: Defining the Future Role of Banknotes in Society

Aurélie Berthon

Koenig & Bauer AG (Switzerland)


Vacuumatic – Adding Efficiency to Production

Sandra Emde

Vacuumatic Maschinen (Germany)


New Kyrgyz Banknotes: Challenges and Achievements

Dana Saifullina

National Bank of Kyrgyzstan (Kyrgyzstan)


Enabling Customers’ Right to Choose – Innovation in Security Features

Peter Dietrich

Gleitsmann Security Inks (Germany)

10:20 Session Q&A

Session 4 – Substrates, Features and Secure Docs


New Generation of Dynamic Luminescent Inks Based on Nanotechnology to Prevent Counterfeiting

Àlex Julià Lopez

Distinkt SL (Spain)


Why Everything is Better in Colour – How to Prevent ID Document Fraud

Belur S Nagabhushana

IDEMIA Smart Identity (France)


Smartphone Authentication

Chander Shekhar Jeena

Reconnaissance International (UK)


State-of-the-art Security Technologies in the Production of Passports, based on PWPW’s Promotional Passport.

Anna Przybylska

Polish Security Printing Works (PWPW) (Poland)


Benefits of a Passport Card in a Philippine Setting

Melon Carlo M. Santiago

APO Production Unit (Philippines)

10:20 Session Q&A
10:30 Break – Refreshments

Session 5 – Recycling and Sustainability


Towards a More Secure, Efficient & Sustainable Cash Cycle

John Lucas

SICPA SA (Switzerland)


Sustainability in the Destruction Process of Banknotes

Gabriel Moser

Hunkeler Systeme AG (Switzerland)


Printed Currency from 100% of Waste Banknotes

Alexandre Ambrozio Gilberti

Blendpaper (Brazil)

13:00 Session Q&A

Session 5 – Digital and Payments Identity


How Digital Mobile Based Solutions Complement Physical Document Use Cases

Fabiola Bellersheim

Veridos (Germany)


Electronic Identity Specific to India

Sunil Kumar Chakrabarti

Ex Additional Registrar General (India)


Mobile Financial Services (MFS) in Bangladesh: Expectation vs. Reality

Mohammad Shariar Nafees

NaxRo / Bangladesh (Bangladesh)

13:00 Session Q&A
13:15 Lunch

Session 6 – Technology & Innovation


Mobile Banknote Authentication SPAS 2.0

Barna Barabas

Jura JSP (Hungary)


Smartphone Readable Optical Security Features for the Protection of Banknotes, Identity Documents and Precious Metals

Robert Dvorak

IQ Structures (Czech Republic)


Central Bank Solutions

Hervé Guillerey

Koenig & Bauer AG (Switzerland)


IHMA The Next Frontier for Security Images

Micaal Sidorov


15:30 Session Q&A
15:50 Closing remarks and drinks

Close networking. Some of the speech were very informative. Food was really nice.


This event is very valuable and welcome conference to meet and exchange.

I.T.G.-GmbH Graphic Products

Conference is as good as expected. Speakers and topics are excellent.

Angstrom Technologies, Inc.


Thank you to our 2023 Sponsors and Exhibitors


Many thanks to the following sponsors and exhibitors for taking part in our wonderful exhibition running alongside the conference:

Platinum – De La Rue

Diamond – Madras Security Printers

Gold – China Banknote Printing and Minting Corporation (CBPM), Koenig & Bauer, Komori, Landqart, Oberthur Fiduciaire

Silver – HID Global, IN Groupe, IQ Structures, Jura/PARVIS, Luminescence Sun Chemical Security, Polish Security Printing Works (PWPW), Security Fibres Ltd, SICPA, WTG Water Treatment Gmbh

Exhibitors – FNMT – Real Casa de la Moneda, GWT Wasser- und Wärmetechnik/SEPRINTO, Hunkeler Systeme AG, MaskTech, Papeteries de Vizille, Petrel, Regula, Schwarz Druck, Stardust Secured, ZEISER

Outstanding experience. Brand and professional network, and remarkable innovation in design and technology. Place to come back again and again.

Toppan Printing

Great pace. Very good agenda. Gala dinner in the hotel is convenient but is a shame once you don’t get the opportunity to visit the city.


Latest information and development at a glance. Most of the presentations have great tech details. Good that communication was in English.

Bharatiya Reserve Bank Note Mudran


See our dedicated Awards page for the Regional Banknote and the Regional ID Document of the Year

Really good show, well organised, with great exhibitors. This was my first HSP and I thoroughly enjoyed it, Thank you for your hard work.


Yes, I found the topics to be very interesting, the dinners and lunches to be well organised with good quality food. The venue was also good, the location within the city.

Canadian Bank Note

I notice that the new paper watermark by on Japan Company. The dark way of making the watermark this is outstanding. And also, we have noticed the new hologram tech by DNP and Toppan and Copy Paste.

Percetakan Nasional Malaysia Berhad