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From AUD to ZAR: A beginner’s guide to managing multi-currency accounts

As demand for global payment capabilities has grown, providers, including FIs, Fintechs, neo banks, and specialized money services businesses have developed new products and services in response. Here we look at one of those tools: multi-currency accounts.

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By Cross-Border
Sep 9, 2025
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CBC: A post-shutdown fog will hang over the U.S. economy for months

CBC: A post-shutdown fog will hang over the U.S. economy for months

“Our view of the economy is more based on vibes than verified information,” said Karl Schamotta, chief market strategist for the financial services company Corpay … It's like a Rorschach test for macroeconomic understanding”.

Bloomberg: US Stocks Slide as Government Reopens With Data Still Delayed

Bloomberg: US Stocks Slide as Government Reopens With Data Still Delayed

“Markets are struggling to gain traction this morning as the US government shutdown ends and a hawkish repricing in Federal Reserve expectations continues,” said Karl Schamotta, chief market strategist at Corpay.

BNN Bloomberg: Outlook for Fed policy, and how Canada's budget might impact growth

BNN Bloomberg: Outlook for Fed policy, and how Canada's budget might impact growth

Karl Schamotta, chief market strategist at Corpay, discussed the outlook for Fed policy, and how Canada's budget might impact growth with BNN Bloomberg's Andrew Bell.

From Volatility to Stability: Managing FX Gain/Loss Impacts with Balance Sheet Hedging
Risk management

From Volatility to Stability: Managing FX Gain/Loss Impacts with Balance Sheet Hedging

Foreign exchange volatility can create significant swings in reported earnings through FX gains and losses, making it harder for companies to deliver predictable results.

Account Structure: Reducing compliance and regulatory friction
Cross-BorderRisk managementGlobal payments

Account Structure: Reducing compliance and regulatory friction

We have one platform, one point of access, one set of KYC documents that enable 25 different currency accounts, and you can send and receive payments in each of these 25 currencies all around the world from accounts in your company's name.

Financial Post: Currency markets 'flying blind' during U.S. shutdown

Financial Post: Currency markets 'flying blind' during U.S. shutdown

Karl Schamotta, chief market strategist at Corpay, talks with Financial Post's Larysa Harapyn about how currency markets are 'flying blind' during the U.S. shutdown.

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