ADI Works with Innovia to Develop Innovative New Banknote Verification Device
Part of Advanced Digital Innovation (UK) Ltd, ADI Technology specialises in the latest technological advances in smart energy, digital media, wired and wireless communications. Developments cover embedded software, electronics design and mobile app development technologies amongst others.
Based at Wigton in Cumbria, Innovia Films is responsible for the production of the base material for the Bank of England’s first polymer banknotes launched in September 2016. The new £5, featuring Sir Winston Churchill, is the first Bank of England banknote to be printed on Innovia’s Guardian® material, a flexible plastic film, made and coated at Wigton and then printed by De La Rue in Essex. Polymer notes are more durable and more secure than paper notes and include several new security features – making them much harder to counterfeit.
Since traditional methods of banknote verification do not validate the substrate of the new polymer notes, Innovia approached ADI to assist in the development of a new method of banknote verification from basic design through to production. The solution needed to be low cost, reliable, easy to use and fast. The Technology Team at ADI, working closely with Innovia’s scientists and process technology team, developed Verus™ H – the perfect solution; a hand-held, battery-powered device that is capable of verifying the unique properties of the bank note polymer. As shopkeepers around the country are being advised that by January 2017 around half the paper £5 notes will be replaced with the new polymer notes, the launch of Verus™ H through designated distributors is a timely solution to banknote verification.