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Frequently asked questions:Who or what is IACA? IACA (the International Association of Currency Affairs) was founded as a “Not for Profit” Organization in 2004 by companies and individuals in the Currency Industry that recognized the need for an association to support Currency as the premier payment solution. return to top IACA was formed to bridge any communication problems within the Currency Industry and create a forum for Open Communications within the membership including the provision of the first ever e-library dedicated to currency. Located within the associations "Members only" portion of this website, this library includes a system that filters relevant information from over 5000 internet news sources, a searchable archive of articles and press releases, conference presentations and reports and links to relevant industry websites. return to top When was IACA founded and by whom? The announcement of the formation of IACA was made in June 2004 at the Currency Conference in Rome - Italy, the Premier Industry Conference held every 18 months at different venues around the world. For further details, refer to www.currencyconference.com. The first IACA General Meeting was held in San Francisco, California after the International Commercial Cash Operations Seminar (ICCOS) in October 2004. For details of this recurring Industry Seminar please see www.iccos.net. The founding directors of IACA were Richard Haycock, David Atkinson, and Adrian Baxter. return to top What can IACA do for me and my company? IACA aims to provide many benefits for your company including:
What do the IACA working committees do? All members are welcome and encouraged to join a committee and help IACA set standards, bench mark best practices, recognize emerging technologies, assess emerging threats to the use of cash, award top achievements and collate industry information. The Committees are:
I currently need some advice about a currency issue. Can IACA recommend companies to help me? IACA will only make recommendations of member companies, and can direct you to the member companies most suitable to your requirements. return to top Does IACA provide a Currency Consulting Service? IACA does not provide consulting services but can recommend independent consultants that are members of IACA. return to top Who can join IACA? How do I join? IACA membership is open to any company, organization or individual, legitimately involved in the development, integration, manufacture and use of Currency Products. Because of the security nature of our organization, all potential members will be screened to determine their applicability for membership. Membership information and an application form can be downloaded from our website. (PDF file requires Adobe® Reader® that can be downloaded via the link below.) return to top IACA membership has several levels based upon a company’s profile in the industry. Each level has its benefits and advantages. The dues are outlined in our membership material, downloadable from our website. Please refer to our Membership Application form (PDF file requires Adobe® Reader®) return to top Because IACA is primarily a volunteer organization, how much time will I need to spend on IACA work? IACA is a volunteer organization and is dependent on the work of the members to fulfill the objectives of the organization. We are extremely fortunate that we have individuals that have been strongly supported by their companies. Without the support of the member companies IACA would not be in existence. The actual amount of time required is an individual decision. We all are employed full time and therefore our volunteer time may be heavily restricted. We take the contributions of time when and where they are available and thank everyone for their participation. return to top Currently Board Meetings are held on a quarterly basis. Special committee and Board meetings can be called by the Committee Chairperson or by the Executive Committee. An AGM is held annually at various venues. return to top Where are the meetings being held? Meetings are typically held at Industry Conferences where several of the member companies are in attendance. As they are conducted opposite one another, and around the world, the Currency Conference and the International Commercial Cash Operations Seminar have alternately hosted the last five Annual General Meetings of IACA. return to top Some of my competitors are members of IACA. Are we expected to discuss issues that may be competitive information at the meetings? No, IACA discourages any company from discussing information that may be competitive or confidential in nature. The organization is focused on the development of the currency industry, setting and agreeing standards, sharing emerging technologies when appropriate, and benchmarking best practice. IACA should be used as an Open Communication forum to discuss common currency issues. But there are issues that affect many of the members, those who design, order and/or print currency, those who are affected adversely by those who would counterfeit and the supply companies who research and produce the latest answers to these threats. Bringing these issues to the forefront for joint discussion is what IACA strives to do. |
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