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Payment Fraud Prevention: Hidden Risks Businesses May Miss

Learn how payment fraud prevention starts before funds move, with secure beneficiary onboarding, bank-detail change controls, audit trails, and safer payment workflows.

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By Cross-Border
Aug 11, 2026
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CBC: Tariffs could be a tactic — or a major blow to the economy

CBC: Tariffs could be a tactic — or a major blow to the economy

“Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions, says the latest round of tariffs risks deepening the tit-for-tat spiral of retaliation and dragging Canada's currency to a weaker place.

Reuters: Global pension funds pull back on FX hedges as dollar woes ease

Reuters: Global pension funds pull back on FX hedges as dollar woes ease

"The reversal is easing pressure on the greenback and further undermining the briefly popular narrative that investors were moving away ​from the dollar in a sell America trade. Although comprehensive hedging data are scarce..", ​Karl Schamotta, Corpay.

CNBC: Dollar weakens on soft U.S. inflation data for June

CNBC: Dollar weakens on soft U.S. inflation data for June

“Fed governor Christopher Waller said yesterday, ‘sternly staring at inflation until it melts before our withering ‌gaze is not an option,’ but that’s exactly what seems to be playing out,” said Karl Schamotta, chief market strategist, at Corpay.

The Hub: Canadian dollar reaches 14-month low, near 70 cents to the U.S. dollar—main driver is diverging interest rates, not CUSMA

The Hub: Canadian dollar reaches 14-month low, near 70 cents to the U.S. dollar—main driver is diverging interest rates, not CUSMA

"Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions, argued the loonie’s weakness is more about the surging U.S. economy than domestic issues.

Maximize NGO funding impact in today’s emerging markets
Cross-BorderGlobal paymentsRisk management

Maximize NGO funding impact in today’s emerging markets

Meeting top challenges NGOs face working internationally

Hidden Risks in Payments: What businesses may miss
Cross-BorderRisk management

Hidden Risks in Payments: What businesses may miss

In this podcast episode, we discuss the rise of payment fraud through email compromise and other social engineering tactics, and share some tactics to recognize it and reduce your vulnerabilities.

Smarter payments. Stronger growth. Keep business moving.

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