In this episode of The Treasury Whisperer’s Talkcast Podcast,host Seth Marlowe interviews Kyle Hatfield, CEO and Co-Founder of Centsless (www.centsless.org). They explore the operational and compliance challenges created by the U.S.penny phase-out, including cash rounding rules, POS configuration, refunds, reconciliation, audit trails, and jurisdictional differences. Kyle also explains how Centsless is building a compliance layer designed to help merchants and financial institutions apply the correct rounding rules today -and adapt as future coins potentially face the same fate.
Links:
Kyle Hatfield on LinkedIn: https://www.linkedin.com/in/kylethatfield-cybersecurity-fintech-professional/