August 2026
Centsless Research · White Paper
Centsless publishes The Nickel-to-Dime Problem, its third white paper
By Kyle Hatfield, CEO and Co-Founder, Daniel Hobin, CFO and Co-Founder, and Alex Ortega, CAIO and Co-Founder. Twenty states have enacted cash-rounding laws since the last circulating penny was minted. Every one fixes the rounding increment at five cents, and none automatically adapts if the denomination changes again. The paper examines the operational trigger problem, the new midpoint created by dime rounding, and federal machinery that could provide the foundation for a more durable framework.
August 27, 2026
Original Research Cited by Payments Dive
Is the nickel nearing a revamp?
Justin Bachman, Senior Reporter, Payments Dive. Payments Dive cited Centsless and its original nickel-testing research in an examination of potential changes to the U.S. nickel. The article highlighted Centsless research into the engineering and measurement challenges surrounding a new coin composition and its potential impact on existing coin-accepting infrastructure.
August 26, 2026
Regulatory Intelligence Cited by CNBC
The post-penny economy: How cash rounding and credit card surcharges are changing what you pay
Sarah Agostino, CNBC Personal Finance. CNBC cited the Centsless National Cash Rounding Legislative Observatory in its coverage of the post-penny economy, referencing Centsless research on the state-by-state cash-rounding landscape and linking readers directly to the Observatory. CNBC describes Centsless as a regulatory compliance platform.
July 28, 2026
An analysis of the nickel composition provisions of the Common Cents Act and the coin acceptance equipment evaluation the House passed bill requires.
July 23, 2026
Centsless publishes The Measurement Gap
A Centsless white paper examining why the assessment Congress ordered in Section 5 of the Common Cents Act cannot be answered with existing data, and what per-transaction evidence infrastructure would make the question answerable.
Featured on Cents Chat
Cash Is the New APM. In this Cents Chat episode, Kyle Hatfield of Centsless explains why cash may be the alternative payment method that software teams forgot to build for, and what the end of the penny means for rounding across states, refunds, split tender, and EBT and SNAP.
Kyle Hatfield presents Centsless at Tampa Bay Innovation
CEO Kyle Hatfield presented the jurisdiction-aware rounding platform to the Tampa Bay startup community.
June 11, 2026
Centsless meets with the Florida Department of Commerce
Co-founders presented the cash rounding compliance landscape to Florida Department of Commerce leadership, including Secretary J. Alex Kelly, and discussed the compliance questions facing Florida businesses under Chapter 2026-68.
DTS Connex Cash Views with Kyle Hatfield
The Post-Penny Economy: What Retail Treasury Teams Need to Know. A conversation with DTS Connex on multi-state cash rounding compliance, POS readiness, and audit defensibility heading into peak shopping season.
POS and Merchant Portals go live with interactive demos
Centsless launched its POS and merchant portal dashboards, giving vendors and retailers a live, interactive view of the compliance engine in action. The demos simulate rounding decisions, jurisdiction handling, and audit-ready record generation from both sides of a transaction.
Featured on the Biz to Biz Podcast
CEO Kyle Hatfield breaks down what a growing number of enacted state rounding laws mean for POS systems, payments, and cash-handling businesses.
The Centsless API surface covers 44 endpoints
The Centsless compliance interface exposes 44 API endpoints across 11 modules and 4 portals, applying the correct statutory rounding rule per jurisdiction and writing every rounding event to an append-only audit log that verifies end to end. The tracking is free. The compliance engine is the product.
November 2025
Centsless is founded
Kyle Hatfield, Daniel Hobin, and Alex Ortega, three UCF FinTech program alumni, founded Centsless in the same month the United States struck its final circulating penny, building compliance infrastructure for the transaction environment that followed.
Media Resources
About Centsless
Centsless is a RegTech compliance infrastructure platform for cash rounding in the post-penny economy. The platform applies the correct statutory rounding rule for every transaction across 33,000 plus ZIP codes and 13,000 plus jurisdictions and writes every rounding event to an append-only audit log that re-verifies end to end. Founded in November 2025 and headquartered in Florida, Centsless is patent pending, App. No. 63/922,987. The state legislative landscape is tracked free at www.centsless.org.