Centsless is a jurisdiction-aware compliance layer for cash rounding
Neutral as to parties, faithful to whichever rule governs the transaction. Consistent, audit-ready infrastructure for cash totals, tender, and refunds as penny availability declines.
Why We Built Centsless
The market needed shared infrastructure, not fragmented vendor implementations.
Problem Recognition
Cash rounding fragmentation emerged across state legislatures. Every POS vendor building custom solutions. Every merchant facing different rules. No shared standard.
Technical Insight
We realized this was an infrastructure problem, not a policy problem. The market needed a jurisdiction-aware execution layer: deterministic, auditable, and faithful to whichever rule governs the transaction.
Building the Standard
We built the compliance engine, simulation-tested it, and positioned it as the shared standard. Not advocacy. Not opinion. Just consistent, auditable execution.
Built by Infrastructure Engineers
Centsless was founded by cybersecurity and financial systems experts who recognized that cash rounding needed a deterministic, jurisdiction-aware standard.
Kyle Hatfield
Co-Founder / CEO & Security Vision
Leads system security, trust architecture, and compliance design.
Daniel Hobin
Co-Founder / CFO & Data Strategy
Drives data integrity, financial modeling, and analytical accuracy.
Alex Ortega
Co-Founder / COO & Implementation Lead
Oversees implementation strategy, automation, and integration readiness.
"Cash rounding is infrastructure, not policy. The market needs a shared standard everyone can trust."
- Kyle Hatfield
"Every calculation must be deterministic, every outcome auditable. That's the standard we hold ourselves to."
- Daniel Hobin
"We built Centsless because the market needed neutral infrastructure, not another vendor with proprietary rounding."
- Alex Ortega
Decades of Combined Experience
Enterprise Infrastructure
Combined experience building financial systems infrastructure for banks, fintechs, and enterprises.
Cybersecurity & Compliance
Team background in cryptographic audit trails, hash chain verification, and regulatory compliance architecture.
Financial Systems
Extensive background in payment processing, settlement systems, and multi-jurisdiction financial operations.
Our Principles
Policy Neutrality
We don't set policy. We don't lobby. We provide neutral infrastructure that executes whatever rules are established.
Centsless operates independently of legislative timelines and political processes. Our role is execution, not advocacy.
Technical Rigor
Every rounding decision auditable. Every implementation deterministic.
Built around append-only audit records, simulation-tested across large transaction sets, and designed for the evidentiary standards compliance teams work to.
Market Neutrality
POS-agnostic. Merchant-neutral. Bank-friendly. We're infrastructure for everyone.
We don't compete with POS vendors, merchants, or banks. We provide the compliance layer they all need.
Leadership Profiles
Kyle Hatfield
Co-Founder / CEO & Security Vision
"Responsible for system integrity, auditability, and public trust."
Kyle Hatfield is a cybersecurity educator and financial technologist with over 15 years of experience spanning banking, digital risk, and secure system design. Holding both a B.S. in Cybersecurity and an M.S. in FinTech from the University of Central Florida, Kyle brings deep technical expertise and financial system insight to Centsless. As Cybersecurity Program Lead at the Kirkland Ranch Academy of Innovation, Kyle has built an industry-aligned learning environment that prepares the next generation of security professionals.
Core Expertise
Daniel Hobin
Co-Founder / CFO & Data Strategy
"Responsible for financial rigor across all calculations, models, and assumptions."
Daniel (Danny) Hobin is a data-driven finance professional with expertise in financial markets, advanced analytics, and applied machine learning. He earned his M.S. in FinTech from UCF, specializing in transforming complex financial data into actionable insights. Currently serving as a Tri-Party Repurchase Analyst at BNY Mellon, Daniel manages high-volume repo trades, supports institutional clients, and helps maintain critical market infrastructure.
Core Expertise
Alex Ortega
Co-Founder / COO & Implementation Lead
"Translates vision into operational reality at enterprise scale."
Alex Ortega Llarena is a strategic planner and hybrid operator with deep experience managing multi-million-dollar global initiatives. His career spans NASA aerospace projects, global entertainment development at Universal Creative, and automation tools deployed across enterprise teams. At Centsless, Alex ensures the framework is operationally implementable at scale, with clear workflows, reliable automation, and integration readiness.