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The clear (and covert) advantages of paying in local currency

Is it time to explore opening foreign-denominated bank accounts? This could add control and visibility to your cash management, and it may make it easier for your vendors and customers abroad – especially if they issue you invoices in their local currency.

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By Cross-Border
Oct 31, 2024
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Globe and Mail: Canadian dollar nears three-week low as trade deal uncertainty lingers

Globe and Mail: Canadian dollar nears three-week low as trade deal uncertainty lingers

“The Canadian dollar remains on the defensive ​despite avoiding steep tariff increases in ⁠the Trump administration’s latest round,” Karl Schamotta, chief ⁠market strategist at Corpay Cross-Border Solutions, said in a note.

Financial Post: Canada's housing market suffers largest price decline among major economies, says BIS

Financial Post: Canada's housing market suffers largest price decline among major economies, says BIS

“Canada is still in the grip of one of the deepest housing downturns in the advanced world,” Karl Schamotta, chief market analyst at Corpay Cross-Border Solutions, said in a note to clients, referencing the BIS data.

AP Automation for School Districts: Stop Servicing Payments, Start Managing Them
AP AutomationPayments Automation

AP Automation for School Districts: Stop Servicing Payments, Start Managing Them

District finance teams spend too much time servicing payments. Learn how managed AP automation reduces vendor workload, cuts check volume, and generates rebate revenue for K-12 budgets.

Healthcare AP Automation: How to Reduce Fraud and Operational Stress
Payments AutomationAP Automation

Healthcare AP Automation: How to Reduce Fraud and Operational Stress

Lean healthcare AP teams create fraud vulnerabilities. Learn how multi-entity healthcare platforms use AP automation to secure vendor payments, centralize controls, and scale without adding headcount.

Fundación Real Madrid and Corpay join forces to promote social sports projects in India and Spain

Fundación Real Madrid and Corpay join forces to promote social sports projects in India and Spain

Supporting the Foundation’s social sports projects in Trichy and the Sensory School for children with visual disabilities

Corpay Cross-Border Named the Official Commercial FX Partner of Prima Pramac Racing

Corpay Cross-Border Named the Official Commercial FX Partner of Prima Pramac Racing

Providing access to currency risk management and cross-border payments solutions

Smarter payments. Stronger growth. Keep business moving.

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