Banknote Equipment Manufacturer (BEM) Conference 2025
Wednesday, 12 and Thursday, 13 November 2025
Frankfurt am Main
We are pleased to announce the next instance of the Banknote Equipment Manufacturer (BEM) Conference, organised jointly by the European Central Bank and the Federal Reserve System.
The 2025 BEM Conference will provide information on the latest policy and regulatory developments. It will also feature updates on other relevant topics, such as current counterfeiting trends, and foster discussion about the progress of prospective machine-readable features and insights into market developments.
Programme
Current payment and regulatory landscape and emerging trends
- 08:30
-
Registration & coffee from 08:30 to 09:30
- 09:30
-
Welcome and opening remarks
Doris Schneeberger, Director Banknotes, European Central Bank
Kathleen Young, Executive Vice President and Chief of FedCash Services, Federal Reserve Financial Services
-
Session 1: Current landscape and payment trends
Chair: Valerie Bostwick, Federal Reserve Financial Services, FedCash Services
- 09:50
-
The current payment and regulatory landscape and emerging trends: current landscape and payment trends
Steve Son, Federal Reserve Financial Services, FedCash Services - 10:05
-
Payment habits of euro area consumers – results from the SPACE survey
Juha Honkkila, European Central Bank
- 10:20
-
Q&A
-
Session 2: Circulation developments
Chair: Fred Shuford, Federal Reserve Financial Services, FedCash Services
- 10:35
-
Circulation developments and update on regulatory aspects
Niels Riedel, European Central Bank
- 10:50
-
The current payment and regulatory landscape and emerging trends: updates on circulation developments
Steve Son, Federal Reserve Financial Services, FedCash Services - 11:05
-
Q&A
- 11:20
-
Coffee break
-
Session 3: Addressing environmental concerns in banknote handling
Chair: Sylvain Calluaud, European Central Bank
- 11:40
-
Environmental impact of the euro banknotes
Bernadette O’Brien and Carlos Andrés, European Central Bank
- 11:55
-
Christian Göbel, Diebold Nixdorf
- 12:10
-
Thierry Lebeaux, European Security Transport Association – ESTA
- 12:25
-
Q&A
- 12:40
-
Buffet lunch
-
Session 4: Counterfeit update
Chair: Charles Hodges, Federal Reserve Financial Services, FedCash Services
- 13:40
-
Statistical and technical trends in euro banknote counterfeiting
Martin Münd, European Central Bank
- 14:00
-
Latest trends in counterfeiting of U.S. currency
Rachel Stephens, United States Secret Service - 14:20
-
Q&A
- 14:40
-
Coffee break
-
Session 5: Recirculation – regulations & testing
Chair: Benjamin Sahel, European Central Bank
- 15:10
-
Updates on euro recirculation, regulations and equipment testing
Carlos Andrés, European Central Bank - 15:30
-
USCMG update & counterfeit detection risks - updates on recirculation-regulations and testing: Vendor Outreach Program updates
Travis Pincoski Federal Reserve Board of Governors and Aditya Nepali, Federal Reserve Financial Services, FedCash Services - 15:50
-
Q&A
- 16:10
-
Guest speaker
Emiel Kuiken, Action/ European Association of Corporate Treasurers – EACT/ Dutch Association of Corporate Treasurers – DACT
Chair: Henk Esselink, European Central Bank
- 16:40
-
Q&A
- 17:00
-
Closing of Day 1
Henk Esselink, European Central Bank
- 17:30
-
Cocktails at the conference venue
- 19:00
-
Dinner hosted by Doris Schneeberger, Director Banknotes, European Central Bank
Planning for the future
- 9:00
-
Registration & coffee from 09:00 to 09:30
- 9:30
-
Opening remarks
Brian Lawler, Federal Reserve Board of Governors
-
Session 6: Development of new banknotes
Chair: Laura Mayer, Federal Reserve Board
- 9:40
-
Opportunities for BEMs: new $10 design, future redesigns, and current designs
Katherine Parran, Bureau of Engraving and Printing
- 10:00
-
Future euro banknote series
Giuseppe Mosele, European Central Bank
- 10:20
-
Q&A
-
Session 7: Technological innovations and integration
Chair: Kai Keo, Federal Reserve Financial Services, FedCash Services
- 10:35
-
Shane Irish, Glory Global Solutions
- 10:55
-
Soji Skariah, Sesami
- 11:15
-
Q&A
- 11:30
-
Coffee break
- 12:00
-
Panel discussion: Automation, standardisation, data analytics and AI for enhancing efficiency in cash handling
Chair: Henk Esselink, European Central Bank, and Fred Shuford, Federal Reserve Financial Services, FedCash Services
Panellists:- Manuel Bauer, G+D Currency Technology
- Christian Göbel, Diebold Nixdorf
- Shane Irish, Glory Global Solutions
- Thierry Lebeaux, European Security Transport Association – ESTA
- 12:50
-
Conclusions of Day 2
Steve Son, Federal Reserve Financial Services, FedCash Services
- 13:00
-
Buffet lunch
- 14:30
-
End of conference
- 14:30
-
Bilateral sessions and a counterfeit workshop
Pre-registration required
Rachel Stephens, United States Secret Services
Martin Münd, European Central Bank
This programme may be subject to change without notice.
ECB Eurotower
Kaiserstraße 29
60311 Frankfurt am Main
English
Business or Business casual
Participants are requested to arrange their own transfers from and to the airport
email: BEM-conference@ecb.europa.eu ; vop@frb.org
Photographs may be taken during the event. If you prefer not to have your photograph taken, please approach the photographer directly.