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Navigating the Maze: Understanding cross-border payments and overcoming challenges in international transactions

Cross-border payments are an essential lifeline of the global economy. Here we dive into some of the intricacies of cross-border payments, explore common challenges faced by businesses and individuals, and discuss strategies to help overcome these hurdles.

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By Cross-Border
May 8, 2024
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Corpay Announces New Collaboration with Sunflower Bank, N.A.
Global paymentsCross-Border

Corpay Announces New Collaboration with Sunflower Bank, N.A.

Collaboration will provide Sunflower Bank, N.A. clients access to cross-border payments and foreign currency exchange solutions

BitTorrent
Procure-to-Pay

BitTorrent

Fast-growing internet technology company chooses Corpay Procure to Pay to eliminate manual processes and reduce PO errors.

Australian Associated Press: Materials and energy sectors boost Australian shares

Australian Associated Press: Materials and energy sectors boost Australian shares

Corpay Cross-Border Solution's Currency Strategist for the APAC market, Peter Dragicevich says improved risk sentiment has bolstered market gains, with equities, oils and base metals performing higher on Monday.

'Challenge for the Bank of Canada': What the economists are saying about the April job numbers
Cross-Border

'Challenge for the Bank of Canada': What the economists are saying about the April job numbers

Canada' job numbers blew past expectations in April, but that wasn't the only surprise

Job market held strong in April, providing little relief to Bank of Canada
Cross-Border

Job market held strong in April, providing little relief to Bank of Canada

Meanwhile, Karl Schamotta, chief market strategist at foreign exchange firm Corpay says the implications of the latest jobs data for interest rates are “unambiguous.”

C$ climbs to 2-week high as BoC rate cut bets ease
Global payments

C$ climbs to 2-week high as BoC rate cut bets ease

"Another blockbuster Canadian jobs number," said Karl Schamotta, chief market strategist at Corpay.

Smarter payments. Stronger growth. Keep business moving.

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