Newsroom

Corpay Unveils Powerful New Select Fleet Cards to Supercharge Fuel Savings and Spend Control

Corpay, a global leader in corporate payments, is revolutionizing the road ahead for fleet managers with the launch of its newest innovations: the Corpay One Select Mixed Fleet Card and the Corpay One Select Diesel Card.

Jul 21, 2025

Cross-Border

ANALYSIS-Dollar's surge spurs currency hedging by U.S. companies

“Corporates have been spurred into action by the dollar’s untrammeled rise - and by the breaking of psychological barriers in most major exchange rates,” said Karl Schamotta, chief market strategist at business payments company Corpay.

Cross-Border

Soaring dollar raises spectre of ‘reverse currency wars’

“As the dollar rises, we are seeing a tightening of global financial conditions,” Schamotta said. “The US continues to make the world’s weather.”

Cross-Border

Canadian dollar gains as BoC sends hawkish signal on rates

"The loonie is getting squeezed higher by more hawkish guidance from the Bank of Canada and by modest softening in the (U.S.) dollar," said Karl Schamotta, chief market strategist at Corpay.

Cross-Border

Tiff Macklem poured cold water on the idea of 75 bps move: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss Tiff Macklem's latest commentary on rate hikes.

Cross-Border

US dollar hits highest level in more than 2 years

Read Karl Schamotta's comments in the Financial Times article.

Payments Automation

Corpay and ASA Automotive Systems Partnership Brings Streamlined Payment Automation to Tire Dealers

The collaboration aims to simplify and improve back-office processes.

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