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Full speed into the future: 6 takeaways from NADA 2022

NADA 2022 is a wrap. After a pandemic-induced hiatus, the energy in Las Vegas last month was high. Attendees seemed to have a newfound eagerness to learn about new technology and were ready to embrace further digital transformation.

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Apr 5, 2022
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The Hub: Canadian dollar reaches 14-month low, near 70 cents to the U.S. dollar—main driver is diverging interest rates, not CUSMA

The Hub: Canadian dollar reaches 14-month low, near 70 cents to the U.S. dollar—main driver is diverging interest rates, not CUSMA

"Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions, argued the loonie’s weakness is more about the surging U.S. economy than domestic issues.

Hidden Risks in Payments: What businesses may miss
Cross-BorderRisk management

Hidden Risks in Payments: What businesses may miss

In this podcast episode, we discuss the rise of payment fraud through email compromise and other social engineering tactics, and share some tactics to recognize it and reduce your vulnerabilities.

Financial Post: Canadian dollar avoids falling below the critical level of 70 cents U.S. — for now

Financial Post: Canadian dollar avoids falling below the critical level of 70 cents U.S. — for now

"In theory, the decision (on CUSMA) adds to the headwinds facing the loonie from a weak economy, falling oil prices and a neutral Bank of Canada," Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions.

CNN: The Japanese yen is at a 40-year low. Here’s why that matters

CNN: The Japanese yen is at a 40-year low. Here’s why that matters

“Japanese currency intervention efforts are typically conducted at a scale far too small — tens of billions against roughly $29 trillion in marketable Treasuries — to have a material impact on US yields,” Karl Schamotta, Corpay, said in an email.

What Is Accounts Payable? A Complete Guide to the AP Function
AP Automation

What Is Accounts Payable? A Complete Guide to the AP Function

Accounts payable is both a balance and a discipline. Here's what AP means in accounting, how the full cycle runs, and how strong finance teams measure and protect it.

Days Payable Outstanding (DPO): Formula, Benchmarks, and How to Optimize It
AP AutomationVirtual Card

Days Payable Outstanding (DPO): Formula, Benchmarks, and How to Optimize It

The DPO formula, a worked example, benchmarks by sector, and how to extend payment float without straining supplier relationships.

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