Topic: Cross-Border

The Rise of Nearshoring: What it may mean for Financial Planning and Analysis teams, Treasury teams, and CFOs

Nearshoring—moving manufacturing and supply chains closer to home—has been on the rise. Rising labour costs, supply chain disruption, and COVID lockdowns accelerated this shift. There are positives, but also challenges, for financial professionals.

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By Cross-Border
Mar 15, 2024
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Economic resilience will fade in 2023, today's GDP doesn't change narrative: Strategist
Cross-Border

Economic resilience will fade in 2023, today's GDP doesn't change narrative: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg along Bloomberg's Derek Decloet to break down today's economic data.

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.

Dynamic Business: Let’s Talk: Supply chain blues? Try these expert-approved solutions
Cross-Border

Dynamic Business: Let’s Talk: Supply chain blues? Try these expert-approved solutions

David Britten, Managing Director APAC, Corpay Cross-Border Solutions, shares insight into the recurring expenses involved in a cross-border payment that business owners should expect and how SMEs can plan to protect their bottom line.

Fed raises rates by half percentage point, sees economy nearing stall speed
Cross-Border

Fed raises rates by half percentage point, sees economy nearing stall speed

“Taken together, today’s statement and economic projections tell a simple story...” said Karl Schamotta.

Smarter payments. Stronger growth. Keep business moving.

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