The U.S. Treasury will stop minting pennies in early 2026 due to production costs exceeding face value. Pennies will remain legal tender and accepted for transactions, with some amounts rounded to the ...

President Trump wants to ditch the penny, a move that some experts say is long overdue. WSJ examines the question of whether it makes sense to get rid of the penny. Photo illustration: Hunter French ...

Talk to end the penny's production has been bandied about for decades among government officials and economists. However, the talk became policy when, over the weekend, President Donald Trump ordered ...

Regtech company Sumsub has partnered with Volt, the global real-time payments platform. In this new open banking partnership, Volt will power Sumsub’s Penny Drop Verification flow, which involves “an ...