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, the one-cent coin will cease production early next year, the U.S. Treasury has confirmed. The decision, driven by mounting production costs...
International credit bureau CRIF will be working with Penny, an invoice financing provider, to let more U.K. businesses get instant invoice payments, a press release said Thursday (May 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Data shows that SMBs and freelance workers spend more than a month each year chasing down invoices. As Colin Gunnell, co-founder and CEO of Penny told PYMNTS in a recent conversation, a technology platform and unique financing arrangement can shorten the wait and allow SMBs...
The prototype for the first-ever U.S. cent is being auctioned off for what Barron’s reported is around $1 million — or 100 million times it value. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
February 25, 2021
Data shows that SMBs and freelance workers spend more than a month each year chasing down invoices. As Colin Gunnell, co-founder and CEO of Penny told PYMNTS in a recent conversation, a technology platform and unique financing arrangement can shorten the wait and allow SMBs to abandon the collections game.
December 28, 2025
America’s retailers are reportedly unhappy with the end of penny production. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS […]
October 07, 2018
The prototype for the first-ever U.S. cent is being auctioned off for what Barron’s reported is around $1 million — or 100 million times it value. Get the Full Story...
