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Corpay Cross-Border Using Blockchain Technology to Facilitate Client FX Conversions

Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, is pleased to announce that Corpay’s Cross-Border business can facilitate client foreign exchange (FX) conversions using J.P. Morgan’s Kinexys Digital Payments blockchain.

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By Cross-Border
Aug 5, 2025
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How businesses can prepare for the federal election’s market impacts
Cross-Border

How businesses can prepare for the federal election’s market impacts

Read the article David Britten wrote for CFOtech

Strong dollar wipes billions off US corporate earnings
Cross-Border

Strong dollar wipes billions off US corporate earnings

“The big run-up in the US dollar, especially relative to euro and yen, has had a major lagging impact on earnings that we’re likely to see over a couple of quarters,” said Schamotta. Read Karl Schamotta's comments in the Financial Times article.

Peak prices? 'Not just yet' — What experts say about our hot inflation
Cross-Border

Peak prices? 'Not just yet' — What experts say about our hot inflation

“The loonie is trading sharply lower, and the shelter index could drop further as tighter financial conditions remove air from the housing markets," says Karl Schamotta, chief market strategist at Corpay.

Bank of Canada uses 'shock and awe' to bolster inflation-fighting credibility
Cross-Border

Bank of Canada uses 'shock and awe' to bolster inflation-fighting credibility

"Exceeding forward guidance might have been the point - by delivering more than expected, policymakers may have hoped to magnify the psychological impact on businesses and consumers," says Karl Schamotta, chief market strategist at Corpay.

Canadian dollar hasn't gone up with oil prices like it usually does, complicating the Bank of Canada's inflation fight
Cross-Border

Canadian dollar hasn't gone up with oil prices like it usually does, complicating the Bank of Canada's inflation fight

“The dollar is crushing every major currency in its path,” says Karl Schamotta, chief market strategist at Corpay.

What economists are saying about Bank of Canada's steep rate increase
Cross-Border

What economists are saying about Bank of Canada's steep rate increase

“Fear of an unmooring in inflation expectations was evident throughout the release", says Karl Schamotta, chief market strategist at Corpay.

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