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What Is an ACH Payment? Definition, Types, and How It Works

ACH is the U.S. electronic payment network for bank-to-bank transfers — and the workhorse rail behind payroll, vendor payments, and recurring bill pay. Here's how it works and where it fits.

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May 15, 2026
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Corpay Cross-Border Named Official Foreign Exchange Provider of the ABB FIA Formula E World Championship
Cross-BorderGlobal paymentsRisk management

Corpay Cross-Border Named Official Foreign Exchange Provider of the ABB FIA Formula E World Championship

Through this partnership, Corpay Cross-Border will provide comprehensive FX risk management and international payment solutions to support Formula E’s global operations.

Financial Post: Here's why bets are rising for interest rate hikes including for Canada

Financial Post: Here's why bets are rising for interest rate hikes including for Canada

“Policy expectations have ratcheted higher across the advanced economies, reflecting a sharp jump in global inflation fears,” Karl Schamotta, chief currency strategist at Corpay Cross-Border Solutions, said in a note Monday.

Bloomberg: US Bonds Rise as Trump Hint at Ending War Eases Inflation Angst

Bloomberg: US Bonds Rise as Trump Hint at Ending War Eases Inflation Angst

“The broader question for markets is whether Trump’s apparent retreat from maximalist regime change rhetoric reflects a genuine shift in war aims or merely an attempt to declare victory while hostilities continue at lower intensity,” said Karl Schamotta.

Global News: Could Canada’s energy sector help offset impacts from the Iran conflict?

Global News: Could Canada’s energy sector help offset impacts from the Iran conflict?

“With the Strait of Hormuz effectively shut down, investors are selling currencies from regions that import most of their energy needs,” says Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions, in a written note to Global News.

Bloomberg: Dollar Eyes Best Week Since 2022 as Jobs Data Looms

Bloomberg: Dollar Eyes Best Week Since 2022 as Jobs Data Looms

“A strong print would reinforce the hawkish repricing already under way and extend the dollar’s recent advance,” said Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions.

Expense Reports: What They Are, What They Cost, and Why Finance Teams Are Eliminating Them
Commercial Cards

Expense Reports: What They Are, What They Cost, and Why Finance Teams Are Eliminating Them

Manual expense reports drain time and money. Here's what finance teams need to know about the real costs — and the better alternatives.

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