2025 Review

IMBISA’s new banknote printing works in Madrid started its production in 2023.

Building a new factory has been an opportunity to create a more efficient and secure facility in order to produce banknotes of the very best quality reducing at the same time its environmental footprint.

IMBISA’s new factory has been an innovative project in the following different areas, among others:

• Two automated security vaults, precision engineering and advanced robotics which prevents banknotes from being handled.

• A traceability software system which enables to trace each banknote back to the security paper, printing plates, ink used, etc.

The layout of the factory has been completely adapted for each of the different production processes, locating the technical support departments, such as the laboratory, quality control, engineering and maintenance, etc. right next to the production area.

IMBISA has two production lines with a high volume capacity.

Combining high technology with a strong commitment to efficiency, security and environmental responsibility, IMBISA’s new printing works is designed to produce banknotes of the highest quality.

Banco de Guatemala has issued a commemorative Q1.00 banknote to celebrate a century of the quetzal as the national currency. This banknote embodies the history and identity of our country, serving as a symbol of strength and economic stability. Holding this note, we feel the legacy of generations who have shaped our nation, reminding us of Guatemala’s freedom, resilience, and greatness. 

The banknote preserves its traditional essence while incorporating graphic elements that narrate the country’s history, highlighting the cultural and historical values that define our identity. It shows the national bird, perched on an Ionic column as a representation of economic stability; a golden octagon displaying the Santa Catalina Arch in Antigua Guatemala and El Gran Jaguar, an emblem of the Mayan city of Tikal, both declared World Heritage Sites by UNESCO. 

These details honor the country’s evolution and progress, and with the issuance of 25 million units, all Guatemalans feel part of this historic event. This tangible reminder of our unity as a nation serves as a bridge between generations, a piece of our collective memory that invites us to look at the past with gratitude and the future with determination. 

A century accompanying a nation! 

Current President of Banco de Guatemala and the Monetary Board. He was President of the G-24 in 2022 and President of the CABEI Assembly of Governors in 2023. He was also appointed VP of the Central American Monetary Council on January, 2025. Moreover, he was Deputy in the Congress of Guatemala (2012-2016) and Minister of Public Finance from 2020-2022.

He has also been an external consultant for the WB and the IDB and has almost 20 years of experience in private banking. He holds a Master’s degree in Financial Administration and a certificate in Strategic Leadership from Harvard University.

Extended Producer Responsibility (EPR) is an initiative that involves supplier’s collaboration in the end-of-life of products sold to their customers. Involvement depth may differ but might include services and resources that contributes in best managing products after the use phase.

A well-implemented initiative in our industry undoubtedly leads us toward circular economy practices, promotes waste reduction, and minimizes the environmental impact of banknotes. This presentation shares a successful experience of nearly a decade of a Banknote Waste Management Program, marking a milestone in sustainability and recycling.

Marcando la huella hacia una Responsabilidad Extendida del Productor

La Responsabilidad Extendida del Productor (REP) es una iniciativa que involucra la colaboración de proveedores en el fin de la vida útil de aquellos productos que vendió sus clientes. La profundidad de la participación puede variar, pero
pueden incluir servicios y recursos que contribuyan a una mejor gestión de los
productos después de su uso.

Esta iniciativa, bien aplicada en nuestra industria, sin duda nos conduce hacia prácticas de economía circular, fomenta la reducción de desechos y minimiza el impacto ambiental de los billetes. Esta presentación comparte la experiencia exitosa de casi una década de un Programa de Gestión de Residuos de Billetes, marcando un hito en sostenibilidad y reciclaje.

With 18 years of experience in the banknote industry, Gustavo has always been a strong advocate for the use of new technologies for modern banknotes, particularly the use of polymer substrate to maximize efficiency and minimize the environmental impact of cash. Gustavo leads CCL Secure's business management for Latin America and the Caribbean. He is an economist with a master’s degree in Global Business Administration.

Con 18 años es la industria de billetes, Gustavo ha sido siempre un gran promotor del uso de nuevas tecnologías para billetes modernos y en particular del uso de sustrato de polimero para maximizar eficiencias y minimizar el impacto ambiental del efectivo. Gustavo lidera la gestión de negocios de CCL Secure para América Latina y el Caribe. Es economista, con posgrado en Administración de negocios Globales.    

This case study outlines the successful introduction of the Caribbean Guilder (XCG), a new currency for the countries Curaçao and Sint Maarten, overcoming public skepticism, political reluctance due to fear of economic disruption, and operational challenges such as outdated banknote features and supplier issues. The Centrale Bank van Curaçao en Sint Maarten (CBCS) implemented a phased communication strategy and integrated ESG principles, focusing on sustainability, public engagement, and risk governance. 

The communication campaign—delivered in four phases: awareness, teaser, launch, and introduction—used local influencers, hands-on sessions, and diverse media channels to build trust and shift sentiment. The official launch in March 2025 was met with broad public enthusiasm and strengthened the CBCS’s reputation, as confirmed by stakeholder feedback. 

The project highlights the importance of stakeholder insight, clear messaging, and consistent communication in managing complex currency transitions.

We analyze the repercussions of different kinds of crises on cash demand in an
international perspective. The crises covered are, amongst others, the Asian
financial crisis (Asian crisis) from 1997 to 1999, the millennium bug (Y2K),
the global financial crisis of 2008, the COVID-19 pandemic, and the current war
in Ukraine. As a result, cash demand usually increases in times of uncertainty
regardless of the type of crisis. The nature of the crisis, however, does determine
whether small or large banknote denominations are affected more. Small
denominations are usually held for transaction purposes while large
denomination holdings normally reflect precautionary motives and the demand for a highly liquid store-of-value. Therefore, to combat crises effectively, central
banks should not only stockpile enough cash across all denominations in their
vaults but also ensure a resilient and robust cash infrastructure. To do so,
access, availability, acceptance, and affordability of cash are of crucial importance.

Gerhard Roesl is a Professor of Economics at the University of Applied
Sciences (OTH) Regensburg with a special focus on Monetary Theory and Policy.

He formerly worked at the Monetary Policy Section of the Economics Department of the Deutsche Bundesbank. His research interests include seigniorage, complementary currencies, and cash in circulation. Professor Roesl published several articles in national and international journals and continues to
participate in projects with commercial banks and central banks. He is speaker
of Aktionskreis Stabiles Geld, an association of Economics professors who were formerly employed by the Deutsche Bundesbank.

Thirteen years ago, and in this same scenario, discussions focused on the different elements and security measures that should integrate passports to protect them against fraud. The unknown also covered how the application of digital technologies would affect the security printing industry. However, while the digitization of documents began to develop, exceptional events such as the pandemic increased strategies for validating identities at a distance. The automation of processes was thus beginning a process which has not stopped until today. But how has this affected the circulation of secure documents? Is it a challenge for the traditional security printing industry? How have the methods of fraud varied, considering that they are quicker to commit and more difficult to detect? What risks are presented in the document corpus? The submission will address the substantial changes that have occurred in the printing of passports to safeguard the protection of the document itself as well as the holder’s ownership. 

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Evolución de los pasaportes: un viajedesde el 2012
Trece años atrás y en este mismo escenario, las discusiones se centraban en los diferentes elementos y medidas de seguridad que debían integrar los pasaportes para protegerlos contra los fraudes. Las incógnitas versaban también sobre como afectaría la aplicación de tecnologías digitales en la industria gráfica de
seguridad. Sin embargo y si bien la digitalización de los documentos comenzaba
a desarrollarse; eventos excepcionales como la pandemia incrementaron las
estrategias para validar identidades a la distancia. La automatización de los
procesos iniciaba así un progreso que hasta hoy no se detiene. ¿Pero cómo ha
afectado esta situación a la circulación de documentos seguros?¿Es un desafío
para la industria tradicional de las imprentas de seguridad? ¿Como han variado los métodos de fraudes teniendo en cuenta que los mismos son más rápidos de cometer y más difíciles de detectar ¿Qué riesgos se presentan en el corpus del documento? 

La presentación abordará los cambios sustanciales que surgieron en la impresión de los pasaportes para resguardar la protección del documento en sí mismo, así como la titularidad del portador.

In this presentation, we will explore how the concept of the circular economy and strategic partnerships can be leveraged to reduce the environmental impact of identification documents in a world where climate concerns are increasingly urgent. Recycled fiber-based paper emerges as a promising development for the future of these documents, allowing for integration with other more sustainable components, such as mineral oil-free inks and recyclable security threads. In order to bring this concept to life, we have designed and produced a passport using sustainable materials, whose theme is the host city of HSP 2025 — Rio de Janeiro — celebrating its natural and cultural beauties.

Millie is a graphic designer with 25 years of experience at Casa da Moeda do Brasil (Brazilian State Mint), where she has been Head of Design since 2015.
She started designing postage stamps for Correios Brasil (Brazilian Mail Company) and this activity drew her attention to Casa da Moeda do Brasil, where stamps are printed exclusively.

After joining the Mint, she had the opportunity to study coins, notes, passports and all kinds of security products.

She was part of the team that designed the Second Series of Real Banknotes for Brazil and led the team that designed the New Brazilian Passport, in addition to design commemorative coins, medals, identity documents and tax stamps.

Nathália is a chemical engineer specializing in the Environment and has
a master's degree in public administration. Currently works as environmental
manager at Casa da Moeda do Brasil and ESG advisor at FIRJAN (Federation of
Industries of the State of Rio de Janeiro).

In today's digital age, mobile identification (mobile ID) is revolutionizing the way we access services and verify identities. This speech will explore the transformative impact of mobile ID in Latin America, highlighting its potential to enhance security, streamline processes, and foster economic growth. We will delve into the benefits of mobile ID, such as increased accessibility to government services, financial inclusion, and improved data protection. Additionally, we will discuss the challenges and opportunities unique to the Latin American context.

As border security technology has evolved within the travel continuum, so have the travel documents of countries around the world. The small Caribbean nation of St. Kitts and Nevis is proudly issuing its second-generation ICAO-compliant ePassport. Its innovative island-centric design strikes the perfect balance between artistic creativity and the effective integration of advanced security features. The polycarbonate data page interweaves an array of state-of-the-art security components and is accompanied by unique linework and graphics across the interior pages. This presentation takes us through the history behind the nation’s passport programme and then focuses on the graphics and notable security elements contained with their newest generation of ePassport. 

Our presentation examines the advantages for issuing authorities to transition to polycarbonate documents instead of maintaining paper-based alternatives. The idea is to explain in a comparative way, why this transition could help them in terms of security and operational efficiency.

Polycarbonate is an increasingly popular choice for ID documents in countries across the world and has won the trust of many public authorities as it meets the key drivers that citizens and their respective governments require; namely, delivering increased security, durability, and value for money.

Polycarbonate ID documents have successfully passed extensive field tests. Indeed, documents have reached such a level of security that fraudsters are targeting weaker elements of the document life cycle, usually by using fake identity or breeder documents to obtain valid travel documents rather than trying to forge existing documents. So, we will show through a few real-world examples, how this technology is aimed at developing new and innovative security features, looking to keep ahead of counterfeiters by creating documents that are as difficult to forge as they are easy to verify.

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Blendpaper COO, Bachelor of Mechanical Industrial Engineering with project Management specialization (PMP), develop and specialist in new industrial equipment and device for warranty the continuous improvement with scope management, schedule management and quality management, refinery specialist for pulp and paper industry, and Lean Manufacturing Coordinator. At the Industrial leadership of Paper & Celluloses manufacturing since 2007, Gilberti successfully led the implementation of several environmental management standards, such as ISO's, FSC and other requirements that guarantee quality and some process standards in the paper production chain.

This presentation will address the challenges of producing polymer substrates with security features that meet the high standards required by the fiduciary market, while also ensuring sustainability. The Housenote Good Luck
embraces this theme by showcasing advanced security technologies and engaging audiences through a piece that resonates across diverse cultures.

Millie is a graphic designer with 25 years of experience at Casa da Moeda do Brasil (Brazilian State Mint), where she has been Head of Design since 2015.
She started designing postage stamps for Correios Brasil (Brazilian Mail Company) and this activity drew her attention to Casa da Moeda do Brasil, where stamps are printed exclusively.

After joining the Mint, she had the opportunity to study coins, notes, passports and all kinds of security products.

She was part of the team that designed the Second Series of Real Banknotes for Brazil and led the team that designed the New Brazilian Passport, in addition to design commemorative coins, medals, identity documents and tax stamps.

The presentation explores the feasibility of making cash more sustainable, focusing on reducing the environmental impact of banknotes. It emphasizes the shift towards bio sourced materials and sustainable manufacturing processes in the banknote industry. Key areas discussed include replacing plastic substrates with renewable alternatives, recycling processes, and sustainable procurement practices.  

Camille Cossec was born in France and graduated from Toulouse Business School and from Universidad de los Andes in Bogota in 2011, with a special focus on international business.

She worked for Idemia in Colombia for 4 years and then spent 8 years as VP Sales manager for the Latin America region for SURYS. She is now VP sales manager for Oberthur Fiduciaire, still for Latin America region. Oberthur Fiduciaire is one of the world’s leading privately owned security printers specialising in the production of innovative security features, durable banknote paper and banknotes in more than 70 countries.

Camille Cossec nació en Francia y se graduó de Toulouse Business School y de la Universidad de los Andes en Bogotá en 2011, con especial enfoque en negocios internacionales.

Trabajó para Idemia en Colombia durante 4 años y luego pasó 8 años como VP Sales manager para la región de América Latina para SURYS. Actualmente es vicepresidenta gerente de ventas de Oberthur Fiduciaire, también para la región de América Latina. Oberthur Fiduciaire es una de las imprentas de seguridad privadas líderes en el mundo y se especializa en la producción de elementos de seguridad innovadores, papel duradero para billetes y billetes en más de 70 países.

Sustainable Solutions Developed:

1. Biofort

a. Biological soil activator.

b. Made from waste cotton banknotes removed from circulation.

c. Optimized aerobic composting process: from 9 months to 12 weeks.

d. Organic fertilizer, certified, free of contaminants.

e. Implemented in Colombia and the Central Reserve Bank of Peru.

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2. BIOBANKMULCH

a. Protective ring for trees, made with banknote waste.

b. Natural barrier that improves the tree's environment.

c. Increases beneficial microorganisms and captures CO₂.

d. It retains moisture (up to 260%), it decomposes in 9 months.

e. 12,500 rings installed in reforestation projects in Colombia.

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3. BiobankSludge

a. Converts intaglio print sludge into soil amendment.

b. Sustainable alternative to incineration or landfills.

c. Process in two phases:

– Phase 1: Laboratory analysis and characterization of the sludge.

– Phase 2: Industrial composting with selected microorganisms.

d. Result: Certified agricultural amendment (complies with EU and Colombian standards).

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Corporate Benefits

a. Regulatory compliance: avoids incineration, reduces carbon footprint.

b. Cost reduction: less transport, more economical waste disposal.

c. Circular economy: inorganic components are reincorporated into the soil.

Innovation in progress

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Currently, BIOBANKNOTE is developing a bioreactor to accelerate the on-site composting process, seeking faster, more efficient and sustainable solutions.

"At BIOBANKNOTE we believe that every last waste can be turned into value, and that innovation, when born out of respect for the planet, leaves a footprint worth imprinting."

Yolanda Ospina, professional focused on sustainability applied to the banknote industry. With nearly five years of experience, she has worked on the design and
implementation of innovative environmental solutions for the responsible
handling of banknotes printed on cotton paper. Currently, he leads high-impact
initiatives in the management and transformation of the sludge generated during intaglio printing, turning complex waste into useful products for the
environment.

She is part of the BioBanknote team, where she has been key in the development of MyBiobanknote, a pioneering application that allows you to track and verify the traceability of reforestation projects. In addition, it coordinates the programs of planting native trees in Colombia, aligned with strategies of carbon footprint compensation and ecological restoration.

At SICPA, our long-standing commitment to sustainability shapes our values and actions.

We will explore the integration of sustainable practices into daily operations, and the development of innovative solutions to support the sustainability journey of security printers and central banks. We aim to enhance product safety, improve banknote production efficiency, and promote a resilient and durable cash cycle. Our approach includes offering sustainable security inks and features without
compromising security, quality and performance.

Cash is recognised as a vital component of a fair and sustainable society,
fostering economic participation and empowerment. Ensuring the resilience and
reliability of banknotes is crucial for preserving trust in the monetary system
and promoting equitable growth. By leveraging our expertise, we strive to
create a more sustainable cash ecosystem that benefits both our customers and
the environment.

Join us as we navigate towards sustainable horizons and drive positive change
in the currency industry.

Counterfeiting of critical documents – currency and identity documents – poses an enormous risk. Documents are always counterfeited for a reason, and that reason is usually nefarious. In the USA, the dollar amount lost to document fraud is fast approaching a catastrophic level. Skilled investigators and analysts are relentless is updating U.S. government systems as they identify vulnerabilities in financial systems. On the other hand, the methods used to adopt someone else's identity are mostly unchallenged. The physical documents used for this purpose are deceptive and cannot easily be verified by relying parties. Simple strategies can create friction for counterfeiters: make document content intuitive (so regular people know what to expect and know when the document is wrong), make all the document elements logical and integrated with each other (documents should have an obvious theme or story), modify some features mid-cycle, and include digital elements (cryptographic and steganographic).

Elaine Wooton is a forensic document examiner, with a focus on travel and identity documents. After a 30-year stint with the US government (DOJ-INS and DHS-ICE), she now provides forensic examination services, conducts trainings, and serves as a technical expert regarding identity documents.

In today’s increasingly digital and interconnected world, personal identity is constantly at risk, despite being used daily for essential activities. This presentation examines a recent fraud case from the region that highlights the urgent need for stronger security in physical identity documents. We will analyze current market trends, focusing on the three main approaches used to secure passport datapages. By comparing these methods, we will explore their strengths and limitations, and introduce innovative, cutting-edge solutions to enhance the security on polycarbonate datapages and ID documents from the core. 

Hildebrando Duran is the Sales and Business Development Director for the Government Business Unit at Linxens, overseeing the Americas territory. In this role, he plays a key part in shaping business development strategies for government-focused identity solutions across North and Latin America. With over 15 years of experience in the identification and security industry, Hildebrando has consistently applied a consultative approach throughout his career to deeply understand the unique security needs in identification of various governments, delivering tailored, innovative, and optimized solutions. 

Imagine a passport that doesn’t just open doors—but removes barriers. Many countries have taken their first bold step into the future of identity and mobility with an ePassport. But what if this is just the beginning? What if the true power of an ePassport lies not in its chip, but in something far more strategic—its place in a global network of trust? 

We propose a thought-provoking exploration into how countries can harness the full potential of their ePassports by joining the ICAO Public Key Directory (PKD)—a decision that quietly reshapes how nations and citizens interact with the world. 

Many LATAM countries have taken this crucial step by integrating PKD. This didn’t just enhance security; these countries elevated their passport to a new level of global recognition. Borders became smoother. Visa approvals swifter. Their citizens' movements, more seamless. Could this be a key factor in why countries within the PKD consistently rank higher on the Henley Passport Index- the authoritative ranking of passports by visa-free access. 

Now, what could this mean for the LATAM region? Could PKD membership be the missing piece in unlocking greater visa-free access, diplomatic influence, and economic opportunities? 

We invite you to reimagine what a passport can do. Let’s uncover the unseen forces shaping the future of global mobility. 

Director of Presales and Bid Management with 7 years dedicated to the
identification, industry experience in Mobile ID, Biometrics, ID Documents, and
Security solutions.

Over the last 15+ years there has been a major focus around the world on making identity and travel documents more secure than they have ever been before as a result of the need to improve security at border controls and positively identify individuals. However, it seems that in the process of doing this, the global community has lost sight of the documents that lead up to passports and ID cards. We ignore the security of Civil Registry documents at our peril, and we would like to encourage people to take another look at how these documents can be made more secure and the impact of not doing this.

Richard is by now well experienced in this industry, with more than 24 years spent working in all aspects of banknotes and secure documents around the world. He's been with Landqart since 2011 where he joined as Regional Sales Director for the Americas, a role he still enjoys, alongside being the Director of Marketing Services whereby he oversees communications, product management, and design.

As polycarbonate documents became more and more popular, new attacks
start emerging. This situation led to recent developments allowing the
integration of larger size DOVIDs, protecting more personalized data. This
presentation aims at explaining the benefits of the integration of large size
DOVIDs into polycarbonate document and the unlimited new possibilities they
bring. The Case study of the latest Latvia ePP will also be presented
highlighting the DOVID integration.

Amaury has 6 years of experience in the industry, he started on the banknote side and today he is in charge of all commercial development across latin America for
the IN Groupe, ID Secure Components SBU for products such as holograms, electronic and personalization equipment’s for both passport an d ID documents.

As the global population grows, the need for banknotes increases. But with rising demand comes greater pressure to ensure every note delivers real value.

This presentation focuses on how central banks and industry partners can make smarter decisions by combining strong data with clear insights. We'll look at international trends, lessons from the shift to polymer, and the impact of new technologies.

The goal: to design banknotes that are not only secure and attractive, but also cost-effective and fit for purpose—both today and in the future.

The agile KINEGRAM® represents the benchmark in security solutions for banknotes. With its cutting-edge vector-based, computer-generated technology, the agile KINEGRAM® not only offers unparalleled visual effects and brilliant brightness but also introduces dynamic movement and depth. Engineered with precisely controlled diffractive structures, it has set the standards in security and engagement. Discover how this exclusive technology ensures highly effective protection for banknotes, utilizing a unique technology.

Ian joined the security printing industry in 1990, working in production
control, product management and sales roles at De La Rue.

Ian joined KURZ in 2001, with responsibility for sales of foil for
commercial security documents and brand protection.

Since 2011 Ian has dealt with sales of KINEGRAM® foil for banknotes in
various regions around the world.

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As cash retains its pivotal role in global transactions, the cash industry is tasked with ensuring its continued viability through enhancements in security, sustainability, resilience, and attractiveness. A particular focus on integrating advanced nanotechnology is central to these improvements, aiming to bolster the security of banknotes and enhance their aesthetic appeal.  

Louisenthal's history is marked by its pioneering adoption of sophisticated technologies. The evolution of security features such as the RollingStar i+ and Galaxy effects represents a significant leap forward. These innovations are currently complemented by the introduction of patches that utilize micromirror and color shift technology, which not only strengthen banknote security but also increase visual appeal. The latest advancements involve the application of nanotechnology incumbent in Rolling Star Venus, a cutting-edge security feature that integrates nano structures, to create complex, tamper-resistant elements, difficult for counterfeiters to replicate. Novel dynamic and colored effects demonstrate their effectiveness and attractiveness. The integration of nanotechnology into currency design is set to play an important role in the future of cash security and aesthetics, ensuring they remain a secure and attractive choice for transactions. Louisenthal is committed to continuous innovation, to sustain the relevance and integrity of cash in the digital age.

Since 2020, Costa Rica has issued all five denominations in 100% polymer. This change was driven by a quest for greater durability, security, and a commitment to protecting the environment. This presentation will explain the life cycle of Costa Rican banknotes and how they are used in an environmentally friendly way once destroyed.

As counterfeiters evolve at an unprecedented pace, the protection of banknotes has become a race to stay ahead.

We will explore the evolutionary arc of banknote counterfeiting – from crude forgeries to today’s highly engineered fakes – and show how technologies have adapted in response.

This ongoing evolution has driven the development of modern verification methods, including multi-spectral analysis, magnetic and infrared feature detection, and expert-level authentication tools used by banks and enforcement agencies worldwide.

Drawing on real-world threat models and applied use cases, we’ll answer a pressing question: can banknotes remain the most secure, resilient, and trusted medium of value – even as the technologies of forger evolve faster than ever?

Carla is the Director of International Sales at Regula. With over 14 years of experience in electronic identification and border control, she brings deep expertise in the full lifecycle of identity document issuance - from biometrics and chip integration to secure application design and verification technologies.

Focused on the Latin American public sector, Carla has successfully led market
entry and growth initiatives through strategic partnerships and high-level
negotiations. She also works closely with financial institutions and government
agencies on the implementation of advanced verification technologies for
document and banknote security. Carla offers deep industry insight,
multilingual communication skills, and a passion for delivering impactful
technology solutions in complex, regulated environments.

The evolution of high-security identity documents demands innovative solutions that guarantee authenticity, integrity and trust in verification processes, being key for government sectors and private services. 

With this study, we will present a comprehensive approach on how biometrics, combined with emerging technologies, is revolutionizing identity validation and strengthening security in the issuance and use of official documents, ensuring that each authentication is verifiable, through blockchain, W3C standards and OAuth2 in accordance with eIDAS2.  

On the other hand, quantum computing is emerging as a disruptive factor in cybersecurity, with the potential to redefine the cryptographic schemes used in the protection of digital identity. With this evolution in security, the creation of a robust and future-proof ecosystem is allowed, where digital identity can be protected, even in a high-capacity computing environment. 

Through use cases and implementation analysis, we will explore how the synergy between biometrics, blockchain, regulated authentication protocols and post-quantum cryptography can generate a trusted ecosystem for identity validation. 

As President and National Registrar of the National Registry of Natural Persons, he has executed projects such as ‘Improvements in the issuance and delivery of the Unique Identity Document (DUI) inside and outside the national territory’ & ‘Modernization of the Institution's regulatory and technological framework’.

He also served as director of the Registry of Movable Guarantees, Legal Adviser of the National Centre of Registries and Registry of Intellectual Property, etc.

Education;

• Lawyer and Notary

• Master in Governance and Senior Public Management of the Complutense University of Madrid, Spain.

• Master in Business Law from the José Simeón Cañas Central American University (UCA)

• Specialist in Intellectual Property Management from the Bolivarian University of Venezuela.

In electronic ID technology, "smaller is better" has never been more relevant. This presentation explores the rapid miniaturization of electronic chips while advancing computing power and data storage. We will examine how cutting-edge engineering has enabled ultra-compact chips to enhance security and efficiency without compromising performance . 

From advanced encryption to high-capacity data storage, these innovations are redefining ID systems. Attendees will gain expert insights into the future of secured identification and the groundbreaking possibilities ahead. Does size really matter? Join us to discover how the smallest chips are making the biggest impact. 

Ksenia Egorova is a Senior Manager in Application Management and Business Development for Government ID projects in the region AMERICAS at Infineon Technologies AG, Germany. Her main focus is to facilitate the deployment of highly-efficient and robust electronic documents in the region and to empower partners and governments with the relevant and up-to-date knowledge about secured chips, technologies and components embedded into electronic ID documents. Prior to joining Infineon, Ksenia was involved in business development and marketing for document and citizen biometric verification and identity management systems.

The presentation focuses on the PWPW’s newest promotional card, which is the second product from the “Republic of Science” series, following the promotional passport presented at the HSP Latin America Conference in Santiago de Chile.  

The card was designed in accordance with the latest ICAO recommendations regarding travel documents in the ID1 format. One of these is the portrait layout of the document with a large photo of the holder placed on the front, which is an important element of security in terms of personal data.  

The card stands out with its modern design, combining aesthetics with security, making it not only visually attractive but also highly functional. The security features have been designed in such a way as to counteract various forgery methods on the one hand and enable effective verification of the document's authenticity on the other.  

The Optiq ID®️ security feature, developed in PWPW’s laboratories, deserves special attention, featuring either a repeated laser-engraved image of the holder or a uniquely colored element in the CLI area. 

By showcasing these sophisticated security features, PWPW once more aims to ensure document integrity and thwart forgery attempts, inviting collaboration and emphasizing their dedication to excellence in security printing. 

Since 2014 holds responsibility for managing PWPW’s sales operations across the Latin American region. Her journey to this pivotal role has been marked by a rich educational background and a diverse set of experiences, combining her expertise in law, languages, and international business.

Beyond her professional achievements, Monika finds fulfillment in her role as a wife and mother.

Desde 2014, es responsable de la gestión de ventas de PWPW en la región de América Latina. Su camino hacia este puesto ha sido marcado por una formación intensa y adquisición de experiencia que sirven de nexo entre su conocimiento de derecho, idiomas y negocios internacionales.

Más allá de sus logros profesionales, Monika encuentra satisfacción desempeñando su papel de esposa y madre.

In today’s world, the demand for highly secure identification documents is growing rapidly due to increasing threats of counterfeiting and identity fraud. ANY Security Printing Company PLC continuously monitors market trends and evolving fraud techniques to develop cutting-edge solutions that meet these challenges. One of the latest advancements in document security is the integration of enhanced UV fluorescent features into the transparent windows of polycarbonate ID cards and passport data pages.

To stay ahead, security solutions must not only provide strong protection but also be easy to verify while remaining difficult to reproduce. These features can be seamlessly integrated into existing personalisation and document authentication processes.

Our latest innovations, DUALGLOW window and LENA require only a simple UV-A lamp for detection. As a security feature in a clear window it can work individually or combined with a laser engraved personalisation. Combining graphic patterns and different additional luminescent properties with these features we can reach a very unique security solution.

By integrating new technologies with the potential to enhance the production and protection of security documents, we ensure that governments, institutions, and citizens benefit from state-of-the-art solutions that safeguard identities while maintaining the highest security standards.

Balázs Megyeri is the Chief Research and Development Officer at ANY Security Printing Company PLC. He has been a member of the ANY team since September 2015. He initially utilized his expertise and years of experience in the Printing Research and Development area as a chemical engineer, and since 2022, he has been the head of the research and development organization. From the beginning, he has played a role in the creation of innovative solutions and new patents in the field of document security. He is responsible for the expert, research and development, and production activities of the Document Security Laboratory, as well as the continuous provision of the security products and solutions distributed by the Company.

Angstrom Technologies, Inc., is based in Florence, Kentucky (USA). Angstrom is a global leader in the manufacturing UV fluorescent pigments, inks, dyes, OVP pigments, invisible toner pigments, and electronic detection devices. Angstrom products are used in over 70 different countries, truly making it a global company. The products are used in a variety of applications including passports, paper and polymer currencies, driver licenses and state identification cards, tax stamps, brand protection and brand identity applications. Angstrom products are used in various industries including banking, agriculture, automotive, aerospace, manufacturing, government documents, retail, and ID verification.

(Ph.D Photochemistry/Photophysics)

After graduating from the Center for Photochemical Sciences, Bowling Green State University Ohio, USA in 2008, I joined Angstrom Technologies Inc. now working as the Global Director of Research and Development.

Twenty years of experiences on designing and developing optically active materials for OLED and invisible pigments in security printing as anti-counterfeiting features.

Hueck Folien is celebrating its 55th anniversary this year and is not only looking back on a successful past, but is also firmly focussed on the future. Under the motto ‘Future Forward’, the anniversary year is all about innovation and sustainability. The company is committed to advancing sustainable banknote technology by integrating high-security features with eco-friendly processes. The recycling concept from the “Ocean Dollar”, inspired by the hidden depths of the ocean, utilizes recycled aluminum, paper and PET, enabling central banks to meet the highest security standards while embracing environmental responsibility.  

Deep dive into security excellence, supported by advanced and sustainable security features. 

Jan Hofmann holds a diploma in Printing Engineering and Economics from the Printing University in Stuttgart, Germany. After several years working as a Producer in the commercial printing and packaging industry for international clients, he transitioned into the banknote industry in 2006. As Regional Sales Director at Giesecke & Devrient GmbH, he was responsible for the sales of banknotes to central banks, as well as commodities and machinery to state print works. In 2015, he joined Hueck Folien GmbH, as Head of Sales for their Security Division, where he is now responsible for the sales of high-security threads and foils. 

In the near past with the new series of the Hungarian banknotes we have implemented a security feature that can be authenticated with the help of a smart phone application. 

The main idea came from a request to identify a general security design with the help of a smart phone. 

To develop such a feature is not easy, during the development process we have analyzed the printing process, the capturing process and certainly the forgeries. In the printing process analysis we have compared different printing technologies that might be used during the falsification process 

As we are talking about high security printed products the print itself by definition should be a high resolution offset or intaglio print printed with high quality printing machines. The identification would be done with Smart Phone and the idea is to develop an application that can identify and authenticate the security print from forgeries.     

As the resolution of a smart phone’s camera is limited, we had to find the most optimal settings, correct or eliminate distortions generated by the lens of the capturing device. We have never though that the weakest link in the authentication process would be the phone itself. 

With the first version of the application, we were able to authenticate the banknote with very high accuracy with the condition that the application works only on limited number of phones and all type of phones had to be tested and the application had to be adjusted. Needless to say, that this process was not very user friendly, we had to find a solution. 

The second version of the application eliminates most of these problems, it is not a real A.I. but can learn and the application can be adjusted. 

The other weakest link was that the design had to be adjusted during the design phase to be as accurate as possible. Today with the new application, this adjustment is not needed, we can adapt the SPAS 2.0 to existing banknotes.    

This is not the saint grail, there are still some challenges to pass, the presentation will describe the process itself and give some details about the issues that we face(d) in/during the development process. 

Barna graduated at the University of Szeged (Hungary) in 1996 and obtained an MBA diploma from University of Pecs (Hungary) in 2004.

He had already a background in printing when he joined JURA in 1996. During his years with Jura, Barna worked with many high security and government printers, conducted many training courses and consulted to the design of security documents. In the recent years he gave several presentations at various high security conferences on Jura's new developments, including the importance of prepress in security printing, new aspects of security designs for offset printing, and new possibilities by intaglio printing.

In 2025, CBPM applied new technologies to mass production, through two housenotes made of paper and plastic. ColorSpace® is a cutting-edge anti-counterfeiting technology independently developed by CBPM, utilizing micro-nano structures to present unique optical security features. It is characterized by fine graphic details, high brightness, strong three-dimensional effects, and excellent adaptability to different light sources. A low-VOC water-based eco-friendly coating is applied to the plastic substrate and this technology is co-developed by CBPM and SICPA. It enhances both safety and environmental sustainability during production and storage, while also providing better ink adhesion, aligning with the green development goals of the banknote printing industry. CBPM has also been dedicated to the application of intelligent technologies, developing off-line and online inspection equipment and intelligent analysis systems across various fields such as plate-making, security threads, and printing, contributing to more efficient and high-quality production systems.

Mr. Wang Hongwei, born in 1982, has been working in China Banknote Printing and Minting Corporation since 2008 and is currently the director of Banknote Printing Dept., and mainly responsible for the banknote printing process, technology and product development management.

As the chief researcher, Mr. Wang was responsible for the development of
commemorative banknote for Beijing Winter Olympic Games, Global25 Housenote and the integrated processing and packaging production line construction.

This presentation will look at the reasons behind the ever increasing number of ATM physical attacks, the impact that this has on the public’s access to cash together with the measures that Central Banks have introduced to reduce the numbers of attacks.  

This session will cover the rationale why Central Banks should become involved, examples of the measures that Central Banks have undertaken together with the types of cash protection solutions that Central Banks have introduced under regulations.

Currently Managing Director of Oberthur Cash Protection, which he joined in 2008, Patrice Rullier is a Graduate of the Lyon Business School (EM Lyon) and the Stanford Graduate School of Business.

Patrice is currently Chairman of EURICPA, the European Intelligent Cash Protection Association. He was also in between 2014 and 2016 Chairman of the advisory board of ATMIA Europe. He previously occupied the positions of Managing
Director and Commercial & Marketing Director in a number of High Technology
companies.

Identity documents have been around for centuries, with evermore sophistiated physical security features developed for fraud protection. However, the trend has been shifting towards electronic and digital security. One reason for this shift is the inherent vulnerabilities of physical security features, i.e. the ease of producing convincing replicas. In contrast, cryptography-based electronic security provides a more robust solution, offering advantages such as digital signatures, encryption, and online authentication. Additionally, electronic security allows for the storage of sensitive data, including medical records and biometric information. This presentation argues that for citizen ID, both digital and physical security features will continue to coexist, as both technologies are indispensible for sovereign identity documents. 

Cryptovision / Eviden Digital Identity is a world-leading specialist in secure electronic identities. The lecturer has over two decades of hands-on experience with both physical and digital security features. 

From January 1st 2023 Alex is working as a Senior Advisor Research and Development at the Document and Identity Office of the Immigration and Naturalisation Service, Ministry of Justice and Safety, responsible for the production and issuance of the Dutch refugee- alien cards and residence permits.

In the past Alex worked for the Expertisecentre IdentityFraud and Document (ECID) for over 11 years and 18 years in total for the Royal Netherlands Marechaussee, the Dutch immigration agency. In between his professional career at the Dutch government Alex was (co) owner of AVDSolutions and Dexeq for a period of 11 years. All specialized in area of ID and Border Management with a key focus to detect Identity fraud, consulting independently for several Multinational vendors, governments, and as an external subject matter experts on Bordermanagement for Frontex, CePol, IOM and ICMPD. Dexeq, supplier of Document Examination Equipment, supplies over 40 immigration and police agencies worldwide, and is still active with new owners.

He was trained on all courses of identity document examination in the Netherlands, including expert level authentication and Identityfraud, PKI and RFID technology, and also studied environmental law, the law on aliens and foreigners, and obtained a certificate of assistant district attorney.

Alex has a Bachelor in Business Informatics (2011), graduating with excellence (A/A+ equivalent) on the topics of business process optimization for immigrations by automating borders.

Alex was a speaker, chairman or moderator at several international conferences like HSP ,IdentityWeek, SDW, Smarterborders, eID conferences, and was an editor of Reconnaissance ID & Secure Document News for 7 years.. He wrote several articles and columns on Border Management issues which have been published in several journals and magazines.

With the integrity of today’s secure documents under threat from increasingly sophisticated counterfeiters and fraudsters, the need to continually evolve and embed new security features is paramount. This is particularly critical for the passports, for which considerable work is being done.

Based on the information gathered by the eDocuments Working Group of the Secure Identity Alliance’s (SIA), this presentation analyses the latest trends influencing both the prevention and detection of passport fraud, and identifies the growing number of ways issuers and law enforcement authorities can stay one step ahead of the latest threats.

Pablo Jury joined Thales in 2017, after the acquisition of the portfolio Biometrics and Document Readers from 3M. He was in charge of the sales team of these solutions in Latin America to later assume theresponsibility for marketing and channel development for all Biometrics and Identity business in the region.

Previously, he had led sales and marketing teams in different business areas including electricity markets, telecommunications and road safety, but always focusing on technology solutions and data network.

He studied Civil Industrial Electrical Engineering at the Catholic University of Chile and also holds an Executive MBA from the same university. Additionally, he is certified as a Black Belt in the Six methodology.

His great challenge is the development of new solutions related to identity and biometrics so that they help customers in different markets to simplify and optimize their processes, and to provide greater
safety and reliability.

Pablo Jury se unió a Thales en 2017, luego de la adquisición del portafolio de Biometría y Lectores de Documentos de 3M. Estuvo a cargo del equipo de ventas de estas soluciones en América Latina para luego asumir la
responsabilidad de marketing y del desarrollo de canales para para todo el negocio de Biometría e Identidad en la región.

Previamente había liderado equipos de ventas y marketing en diferentes áreas de negocios incluyendo mercados eléctricos, telecomunicaciones y seguridad vial, pero siempre enfocándose en soluciones de tecnología y
redes de datos.

Estudió Ingeniería Civil Industrial Eléctrica en la Universidad Católica de Chile y también posee un Executive MBA en la misma universidad. Adicionalmente está certificado como Black Belt en la metodología Six.

Su gran desafió es el desarrollo de nuevas soluciones relacionadas con identidad y biometría de modo de que ayuden a los clientes en diferentes mercados a simplificar y optimizar sus procesos, y a brindar mayor
seguridad y confiabilidad.

Robert has been working on the development of optical security features since 2008. He has been participating in the implementation of DOVIDs into polymer banknotes and has developed a unique technology for the integration of optical security features into polycarbonate documents. His team is currently working on the development of materials that will enable a major increase in the complexity of optical protection of identity documents as well as banknotes.

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