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What are local rails, and what are their benefits?

In this article, we’ll dive deeper in the structure of our Multi-Currency Accounts, and the payment rails available. You may have noticed that we refer to them as Corpay’s “Multi-Currency Accounts,” not simply as a “Multi-Currency Account.”

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By Cross-Border
Nov 11, 2025
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Wall Street Journal: Bank of Canada Attempts to Temper Excitement About Economy

Wall Street Journal: Bank of Canada Attempts to Temper Excitement About Economy

Karl Schamotta, chief market strategist at foreign-exchange firm Corpay, said expectations for rate increases in late 2026 pose a hurdle for Macklem because it could translate into tighter financial conditions, adding to the headwinds Canada already faces.

Reuters: Canadian dollar steadies ahead of BoC interest rate decision

Reuters: Canadian dollar steadies ahead of BoC interest rate decision

"It would require considerable conviction for the Bank of Canada to tighten while the Federal Reserve is still easing," Karl Schamotta, chief market strategist at Corpay, said in a note.

The Automation Deficit
Payments Automation

The Automation Deficit

This paper examines how unifying automation across the spend management ecosystem could free finance teams from repetitive tasks, help improve control and visibility, and create the space to focus on what matters most, performance, partnership, and growth.

'By far the greatest issue facing the world economy right now': Karl Schamotta, Corpay, on China's trade surplus

'By far the greatest issue facing the world economy right now': Karl Schamotta, Corpay, on China's trade surplus

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to further discuss the markets as well as expectations for the BoC's rate decision.

The Bond Buyer: FOMC preview: Divided panel will cut 25 bps, next move unclear

The Bond Buyer: FOMC preview: Divided panel will cut 25 bps, next move unclear

Corpay Chief Market Strategist Karl Schamotta noted, "Markets overwhelmingly expect a hawkish cut on Wednesday, with the statement language, dot plot projections, and Chair Powell's words all pointing to a more gradual pace of easing in the coming months."

CNBC: U.S. dollar gains after jobs report, as Fed decision nears

CNBC: U.S. dollar gains after jobs report, as Fed decision nears

“After being wrong-footed by communications in the last five decisions, investors are all-in on bets for a ‘hawkish cut’ — a drop in the policy rate accompanied by cautious guidance in the statement, dot plot, and press conference,” Karl Schamotta, Corpay.

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