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Prepaid Cards: Ensuring Financial Inclusion in the Age of Digital Payments

As the government prepares to end the issuance and acceptance of paper checks, prepaid cards can ensure that no recipients are left out.

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May 14, 2025
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Financial Post: Canadian dollar expected to bounce back after a tumultuous 2025

Financial Post: Canadian dollar expected to bounce back after a tumultuous 2025

“Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions, is calling for the Canadian dollar to enter 2026 at nearly 73 cents U.S. and end the year at 75.8 cents U.S.

Reuters: Dire year for dollar has little light at end of tunnel in 2026

Reuters: Dire year for dollar has little light at end of tunnel in 2026

"The reality is we still do have an over-valued U.S. dollar from a fundamental standpoint," Karl Schamotta, chief market strategist at global corporate payments company Corpay Cross-Border Solutions, said.

Why are Businesses Moving to Multi-Currency Accounts? Where to Start
Cross-BorderGlobal paymentsRisk management

Why are Businesses Moving to Multi-Currency Accounts? Where to Start

Learn why global businesses are adopting multi-currency accounts to reduce FX costs, streamline cross-border payments, and unlock growth. Our guide explains key benefits, how to choose the right account, and actionable next steps for finance teams.

CBC: Signs of trouble in the U.S. economy: Where are all the jobs?

CBC: Signs of trouble in the U.S. economy: Where are all the jobs?

“It could take many months yet before a signal can be extracted from the noise unleashed by public sector layoffs, an unprecedented surge in policy uncertainty, and the government shutdown,” wrote Karl Schamotta, Corpay.

Globe and Mail: Canadian dollar notches 2-1/2 month high after Fed, BoC rate decisions

Globe and Mail: Canadian dollar notches 2-1/2 month high after Fed, BoC rate decisions

“Markets had feared a more profound divergence would be on display, given that the October meeting minutes showed considerable differences of opinion among the various voting members,” Karl Schamotta, chief market strategist at Corpay, said in a note.

Wall Street Journal: Bank of Canada Attempts to Temper Excitement About Economy

Wall Street Journal: Bank of Canada Attempts to Temper Excitement About Economy

Karl Schamotta, chief market strategist at foreign-exchange firm Corpay, said expectations for rate increases in late 2026 pose a hurdle for Macklem because it could translate into tighter financial conditions, adding to the headwinds Canada already faces.

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