America’s retailers are reportedly unhappy with the end of penny production. According to a recent report by Chain Store Age, the Retail Industry Leaders Association...
The U.S. Treasury announced it would halt the production of the nation’s circulating one-cent coin this week, citing escalating manufacturing costs and deeming the currency...
The wind-down of the penny is reportedly causing problems for banks and retailers. While they don’t want the penny to stay around, they are seeking...
It’s official: the penny’s days are numbered. After more than two centuries of jingling in pockets, lining cash registers and fueling both nostalgia and frustration,...
After more than 200 years, it is time to say goodbye to the penny. As the Wall Street Journal (WSJ) reported Thursday (May 22), the...
This week in FinTech Ukraine, Dutch entrepreneurs form the People for People Foundation, which is offering Ukrainian refugees shelter and no-cost digital bank accounts. Also,...