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How fighting today’s inflation might increase tomorrow’s inflation

Inflation has been top of mind since the end of the pandemic. Bankers, economists, and businesses may have differing views on the causes and effects of inflation: higher demand; consumer spending; and competition for limited resources come to mind.

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By Cross-Border
Dec 1, 2023
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5 Pillars of Payment Automation in Construction
Payments Automation

5 Pillars of Payment Automation in Construction

Top priorities for construction industry professionals seeking to support onsite initiatives through back office optimization.

U.S. dollar gains as risk tolerance drops with hawkish central banks
Cross-Border

U.S. dollar gains as risk tolerance drops with hawkish central banks

"Few expect the Federal Reserve to deliver on Wednesday's hawkishness," said Karl Schamotta, chief market strategist at Corpay in Toronto.

Dollar edges higher as U.S. data lends support; yen holds gains
Cross-Border

Dollar edges higher as U.S. data lends support; yen holds gains

“The dollar is gaining as this morning’s stronger-than-forecast data lifts rate expectations for the new year,” said Karl Schamotta, chief market strategist at business payments company Corpay.

The BoJ flinches, but only a little
Cross-Border

The BoJ flinches, but only a little

Karthik Sankaran, senior FX wizard at Corpay, points out the biggest burdens dragging down the yen are starting to lighten: the pace of Fed rate increases, which lure capital out of Japan, and the global energy shock hurting its trade balance.

Granger Construction
Payments AutomationExpense management

Granger Construction

Leading commercial construction firm uses automation to reduce payment costs and bring in hundreds of thousands in newfound revenue.

Hill & Wilkinson
Payments Automation

Hill & Wilkinson

Construction industry leader mitigates payment fraud risk with Corpay Payment Automation’s liability guarantee.

Smarter payments. Stronger growth. Keep business moving.

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