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DOGE Federal Government Commercial Card Spending Limits Explained

Learn how DOGE put its $1 spending limit on federal employees, why they have credit cards, and best practices for placing spending controls on company cards.

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Mar 5, 2025
DOGE Federal Government Commercial Card Spending Limits Explained

The clear (and covert) advantages of paying in local currency
Cross-BorderGlobal paymentsRisk management

The clear (and covert) advantages of paying in local currency

Is it time to explore opening foreign-denominated bank accounts? This could add control and visibility to your cash management, and it may make it easier for your vendors and customers abroad – especially if they issue you invoices in their local currency.

Currency outlook ahead of U.S. election

Currency outlook ahead of U.S. election

Karl Schamotta, chief market strategist with Corpay, joins BNN Bloomberg for a closer look at Canada's economy and offers his view on the markets.

Canadian dollar could fall below 70 cents if Trump wins

Canadian dollar could fall below 70 cents if Trump wins

Karl Schamotta, chief market strategist at Corpay, talks with Financial Post's Larysa Harapyn about the impact on the Canadian dollar from the U.S. election and Bank of Canada rate cuts.

Hedge Funds, Asset Managers Turn Dollar Bulls on Election Risks

Hedge Funds, Asset Managers Turn Dollar Bulls on Election Risks

“Options markets are pointing to a growing appetite for hedges against extreme moves” around the election, Karl Schamotta, chief market strategist at Corpay in Toronto, wrote in a note. “Currencies that have strong trade links with the US

Corpay Cross-Border Named the Official FX Partner of Manchester City
Cross-Border

Corpay Cross-Border Named the Official FX Partner of Manchester City

Corpay’s Cross-Border business has entered into an agreement with the current Premier League title holder, Manchester City to become their Official Foreign Exchange Partner.

Corpay Cross-Border Continues Global Expansion with Launch of New Office in New Zealand
Global paymentsCross-Border

Corpay Cross-Border Continues Global Expansion with Launch of New Office in New Zealand

The expansion aims to offer more localized support to clients in the region and provide innovative solutions tailored to the local market

Smarter payments. Stronger growth. Keep business moving.

See how corpay brings AP, card programs, lodging, fleet and cross-borders together