Newsroom | Corpay

Newsroom | Corpay

Industry News

Forbes: Mastercard Takes Corpay Cross-Border Payments Stake In High-Value Partnership

April 29, 2025 - Mastercard and Corpay have today announced a partnership that sees Mastercard take a minority stake and invest in Corpay’s cross-border payments business while bolstering the capabilities of the Mastercard Move platform.

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Industry News

Investment Executive: Mark Carney elected PM in too-close-to-call result; Poilievre and Singh both lose seats

April 29, 2025 - “Mark Carney has achieved something remarkable — one of the biggest turnarounds in modern political history — but without a majority, he could struggle to put Canada’s economy on a more stable footing,” said Karl Schamotta

Industry News

MarketWatch: Stocks, Treasurys, dollar tumble in unison on 'increasingly forbidding' growth backdrop

April 21, 2025 - "Firing an active Fed chair could unleash consequences that make recent market turmoil look tame," Karl Schamotta wrote in a note.

Industry News

Reuters: Dollar slides to three-year low as Trump attacks threaten Fed's independence

April 21, 2025 - "If the central bank’s dual mandate -- preserving price stability and fostering full employment -- is diluted with a new set of objectives defined by the White House,

Industry News

Global News: With recession fears looming, what comes next for the loonie?

April 10, 2025 - “Canada escaped being named in the Trump administration’s latest round of tariff increases,” says senior market strategist at Corpay Karl Schamotta.

Industry News

Reuters: Canadian dollar strengthens as investors ditch US currency

April 9, 2025 - "For a variety of reasons, investors are bailing out of American financial markets," Karl Schamotta, chief market strategist at Corpay, said in a note.

Industry News

Financial Times: Treasuries hit as market turmoil intensifies

April 9, 2025 - “The 10-year yield is going vertical,” said Karl Schamotta, chief market strategist at Corpay. “Something is going to break.”

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