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Streamlining Manufacturing Supply Chains: The Power of Invoice Automation

This post explores the significance of using invoice automation to streamline payment processes and foster successful supply chain relationships.

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Sep 26, 2023
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Financial Post: Why these 'nail-biting' TD Bank economists are worried about the Canadian dollar

Financial Post: Why these 'nail-biting' TD Bank economists are worried about the Canadian dollar

Karl Schamotta, chief market strategist at Corpay Inc., said it appears foreign exchange traders are betting on more of a targeted tariff approach from Trump rather than a universal application,

Security of Client Funds

Security of Client Funds

Corpay understands that the security of our customers’ funds is a vital component of our relationship with every customer, as well as our regulators. We meet the applicable regulatory standards in protecting any money you have entrusted us with.

Weaker-Than-Forecast 1% Growth to Keep Bank of Canada Cutting

Weaker-Than-Forecast 1% Growth to Keep Bank of Canada Cutting

“The Canadian dollar is pushing lower, but is again running into strong support below the C$1.40 threshold,”

Yahoo Finance: Canada's economy flatlined in August, supporting expectations for another 50bp cut from the Bank of Canada

Yahoo Finance: Canada's economy flatlined in August, supporting expectations for another 50bp cut from the Bank of Canada

"Corpay chief market strategist Karl Schamotta wrote in a note that third quarter growth that is on track to be below the Bank's forecasts is "keeping hopes for a half-point rate cut in December alive.""

The clear (and covert) advantages of paying in local currency
Cross-BorderGlobal paymentsRisk management

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.

Currency outlook ahead of U.S. election

Currency outlook ahead of U.S. election

Karl Schamotta, chief market strategist with Corpay, joins BNN Bloomberg for a closer look at Canada's economy and offers his view on the markets.

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