The wind-down of the penny is reportedly causing problems for banks and retailers. 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....
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...
After more than 200 years, it is time to say goodbye to the penny. 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...
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, the Ukrainian government has introduced a cryptocurrency donation website. Get the Full Story Complete the form to unlock this article...
November 12, 2025
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 unnecessary for modern commerce, USA Today reported Wednesday (Nov. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content […]
October 31, 2025
The wind-down of the penny is reportedly causing problems for banks and retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
May 22, 2025
After more than 200 years, it is time to say goodbye to the penny. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
March 14, 2022
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, the Ukrainian government has introduced...
