Topic: Cross-Border

Building an FX Budget Rate

Setting a budget rate for each currency pair is a starting point for financial planning. The budget rate can serve as a benchmark for assessing performance against plan, isolating variances due to FX movements from other factors.

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By Cross-Border
Dec 1, 2023
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U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling

U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling

“The dollar is a rock in a sea of troubles right now, outperforming all of its major rivals as interest rates rise and the economy shows signs of resilience,” said Karl Schamotta, chief market strategist, at Corpay in Toronto.

Honeybee Toys

Honeybee Toys

Honeybee imports handmade wooden toys from Europe and sells them to the Australian wholesale and retail markets. The majority of stock we source is manufactured in Germany.

Moving abroad? Buying property in Spain

Moving abroad? Buying property in Spain

Who hasn’t dreamt of sunny climes when slogging through a slushy northern European winter? The recent pandemic has given many of us wanderlust. For some, the possibility of remote work-from-anywhere in our hyperconnected world glitters before our eyes.

The Emerging Exporter

The Emerging Exporter

This growing automotive parts distribution company in Ontario sets its sights on our largest trading partner to the south.

As the loonie weakens, global investors are more skeptical about Canada's stock market: Strategist

As the loonie weakens, global investors are more skeptical about Canada's stock market: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg and discusses the weakness in the loonie. Schamotta says that slowing growth will not only affect the markets but also currencies.

The Executive’s Guide for Evaluating Electronic Payment Solutions

The Executive’s Guide for Evaluating Electronic Payment Solutions

As the opportunity to migrate away from paper-based accounts payable processes to more efficient AP processes becomes clear and attainable, accounting teams are making the transition a top priority.

Smarter payments. Stronger growth. Keep business moving.

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