Catalyst Series: The new US$10 bill is coming – casinos should prepare now

Catalyst Series: The new US$10 bill is coming – casinos should prepare now

Summary

The US government will launch a phased banknote redesign beginning with a new US$10 under an eight-year ‘Catalyst Series’. Crane Payment Innovations (CPI) warns casino operators that the change is effectively a security update for cash-handling systems and will touch every point where cash meets technology. The redesign will introduce tactile features for accessibility, visible overt security elements (eg holograms, colour-shifting features) and invisible elements (magnetic, UV/IR) that depend on bill acceptor sensors and firmware.

CPI outlines three main risks for operators during the transition: increased counterfeit risk, guest friction and operational downtime. They recommend a seven-step cash-readiness programme: centralise project info, identify stakeholders, map the cash path, audit devices, implement ongoing training, schedule and budget phased upgrades, and execute with disciplined sequencing. CPI also offers multi-vendor support models including firmware updates, device replacement and field services to help deliver changes at scale.

Key Points

  • The US$10 is the first denomination in an eight-year Catalyst Series of phased banknote redesigns aiming to modernise security and accessibility.
  • New tactile features will be introduced on US notes for the first time, altering physical handling and recognition.
  • Visible (holograms, colour-changing elements) and invisible (magnetic, UV/IR) security features will require device and firmware compatibility.
  • Three operator risks: counterfeit exposure during transition, guest friction from rejected notes, and operational downtime from non-compliant devices.
  • CPI recommends a seven-step readiness plan: centralise, involve stakeholders, map cash flows, audit devices, train staff continuously, schedule and budget upgrades, and execute methodically.
  • Legacy validators may be obsolete if they lack required sensors; planned replacements and phased rollouts are advised.
  • Operators should treat the redesign as a repeatable programme — expect further denomination rollouts every two years and prepare budget/training cycles accordingly.

Context and relevance

This is not just a notes redesign: it’s an industry-wide infrastructure event for any business that handles cash at scale. Casinos are particularly exposed because cash moves through a complex network (slots, kiosks, ATMs, tables, cages, count rooms and F&B), and a single unprepared touchpoint can cause guest disputes, lost revenue and exploitable windows for counterfeiters.

The Catalyst Series establishes a regular cadence of change — every two years per denomination — so operators must build repeatable processes: accurate device inventories, upgrade sequencing playbooks, vendor coordination and training refresh cycles. For payments and operations teams, firmware readiness and device lifecycle planning will be central to maintaining service continuity and security over the coming eight years.

Why should I read this?

Short version: don’t get caught out on a busy Saturday night with machines spitting out legit notes. This article tells you what will break, what to check first and how to avoid embarrassing guest rows and fraud headaches. If you run or support casino ops, payments or security, it’s a practical checklist you can start using now.

Source

Source: https://g3newswire.com/catalyst-series-the-new-us10-bill-is-coming-casinos-should-prepare-now/