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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.

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By Cross-Border
Dec 19, 2025
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Semiconductor Manufacturing

Semiconductor Manufacturing

A leading semiconductor manufacturer faced substantial challenges in managing foreign exchange risk. They chose to partner with Corpay to implement a robust FX management solution tailored to their specific needs.

Reuters: Investors become inured to policy whiplash, Powell headlines cause limited reaction

Reuters: Investors become inured to policy whiplash, Powell headlines cause limited reaction

“The many twists and turns in U.S. tariff policy since the start of the year have already inured investors to abrupt changes in policy. "Traders and investors have learned to take political posturing with a grain of salt," said Karl Schamotta.

Reuters: Canadian dollar hits a 3-week low as appeal of US assets grows

Reuters: Canadian dollar hits a 3-week low as appeal of US assets grows

"The U.S. dollar (.DXY), is steamrolling all of its major rivals, including the Canadian dollar, this morning after another round of data releases failed to deliver any appreciable evidence of a tariff-led slowdown," said Karl Schamotta.

Is the World Selling America? Looking forward and looking back
Cross-BorderGlobal paymentsRisk management

Is the World Selling America? Looking forward and looking back

We discuss the impact the US tariffs are having on companies as they try to plan for their future. How do you manage your FX when the ability to forecast is diminished, and how can you maintain a healthy outlook as they navigate declining certainty?

BNN Bloomberg: Odds of a BoC rate cut in July are low: Schamotta

BNN Bloomberg: Odds of a BoC rate cut in July are low: Schamotta

Karl Schamotta, chief market strategist at Corpay, joined BNN Bloomberg this morning to discuss the impact of tariffs on the markets.

Axios: Trump's dueling economic realities will inevitably collide

Axios: Trump's dueling economic realities will inevitably collide

"(We) are increasingly convinced that tariff risks have not been appropriately discounted in financial asset prices," Corpay chief market strategist Karl Schamotta wrote over the weekend.

Smarter payments. Stronger growth. Keep business moving.

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