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What are local rails, and what are their benefits?

In this article, we’ll dive deeper in the structure of our Multi-Currency Accounts, and the payment rails available. You may have noticed that we refer to them as Corpay’s “Multi-Currency Accounts,” not simply as a “Multi-Currency Account.”

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By Cross-Border
Nov 11, 2025
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Wall Street Journal: Bank of Canada Likely to Cut Rates as Economy, Job Market Sharply Weakens

Wall Street Journal: Bank of Canada Likely to Cut Rates as Economy, Job Market Sharply Weakens

"Canada's economy is in dire need of more monetary morphine," said Karl Schamotta, chief market strategist at Corpay, a foreign-exchange and global-payments company.

Reuters: Dollar sinks to four-year low vs euro ahead of Fed rate decision

Reuters: Dollar sinks to four-year low vs euro ahead of Fed rate decision

"The dollar is trading with a heavy tone across the board as investors brace for a dovish message in Wednesday’s voting record, ‘dot plot’ summary of economic projections, and press conference," said Karl Schamotta, chief market strategist at Corpay.

Hedgewiz

Hedgewiz

In 2019, Hedgewiz and Corpay Cross-Border Solutions partnered to support Hedgewiz’s clients’ implementation of FX hedging programmes. Corpay’s platform and capabilities are integrated into Hedgewiz’s platform.

Reuters: US dollar mixed, markets eye Fed cuts after soft inflation data

Reuters: US dollar mixed, markets eye Fed cuts after soft inflation data

"Odds on a half-point move have risen, but remain extremely low. The economy has slowed, but isn't showing signs of crashing, and may even accelerate in the months ahead," said Karl Schamotta, chief market strategist, at Corpay in Toronto.

Financial Post: Canadian dollar and U.S. dollar both under pressure

Financial Post: Canadian dollar and U.S. dollar both under pressure

Karl Schamotta at Corpay explains how the shift in interest rate expectations has hit the Canadian dollar and the U.S. dollar.

From AUD to ZAR: A beginner’s guide to managing multi-currency accounts
Cross-BorderGlobal paymentsRisk management

From AUD to ZAR: A beginner’s guide to managing multi-currency accounts

As demand for global payment capabilities has grown, providers, including FIs, Fintechs, neo banks, and specialized money services businesses have developed new products and services in response. Here we look at one of those tools: multi-currency accounts.

Smarter payments. Stronger growth. Keep business moving.

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