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Growing Pains: The Basics of Cross Border Cash Management

Sending or receiving foreign currency payments can be frustrating – not to mention costly – and this cost is often swallowed as the cost of doing business internationally. Fortunately, there are options that can offer SMEs more transparency and control.

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By Cross-Border
Apr 11, 2024
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Understanding FX Budget Rates: A Guide for Treasury Professionals
Cross-BorderGlobal paymentsRisk management

Understanding FX Budget Rates: A Guide for Treasury Professionals

This series delves into the intricacies of FX budget rates, explaining what they are, their importance, the factors influencing them, and best practices for their implementation.

US News: Trump's Win Emboldens Dollar Bulls as They Brace for Tariffs

US News: Trump's Win Emboldens Dollar Bulls as They Brace for Tariffs

"The reality is that a full flight protectionist agenda will ultimately rebound on the American economy and slow growth," said Karl Schamotta, chief market strategist at payments company Corpay

Financial Post: Why these 'nail-biting' TD Bank economists are worried about the Canadian dollar

Financial Post: Why these 'nail-biting' TD Bank economists are worried about the Canadian dollar

Karl Schamotta, chief market strategist at Corpay Inc., said it appears foreign exchange traders are betting on more of a targeted tariff approach from Trump rather than a universal application,

Security of Client Funds

Security of Client Funds

Corpay understands that the security of our customers’ funds is a vital component of our relationship with every customer, as well as our regulators. We meet the applicable regulatory standards in protecting any money you have entrusted us with.

Weaker-Than-Forecast 1% Growth to Keep Bank of Canada Cutting

Weaker-Than-Forecast 1% Growth to Keep Bank of Canada Cutting

“The Canadian dollar is pushing lower, but is again running into strong support below the C$1.40 threshold,”

Yahoo Finance: Canada's economy flatlined in August, supporting expectations for another 50bp cut from the Bank of Canada

Yahoo Finance: Canada's economy flatlined in August, supporting expectations for another 50bp cut from the Bank of Canada

"Corpay chief market strategist Karl Schamotta wrote in a note that third quarter growth that is on track to be below the Bank's forecasts is "keeping hopes for a half-point rate cut in December alive.""

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