ISO 20022 is a global messaging standard for exchanging financial data—it can be compared to a common language that banks, payment providers, and corporates can all speak clearly and efficiently. While many legacy formats like MT messages were more akin to sending a postcard with limited space, ISO 20022 is more like sending an email—with rich, structured, and comprehensive data. This November marks a key SWIFT deadline for cross-border payments to migrate to the new message formatting, which will impact most parties in the payments chain, including banks, financial institutions, payment services providers, corporates, enterprise-level organizations, CFOs, treasurers, and many more. Listen to our conversation to learn more about the industry's migration to the ISO 20022 messaging upgrade—it’s a smarter, faster, and safer way to do business globally, and Corpay is on hand to make the transition smooth and accurate.

Bienvenue dans « Focus Partenaires », une série où nous mettons nos filiales et associés au premier plan. Cette série vous offrira un aperçu du réseau d'idées et d'objectifs qui stimule la croissance du réseau de marques mondiales avec lesquelles nous collaborons. Il s'agit de notre premier épisode, et nous sommes ravis d'accueillir notre précieux partenaire, le Cirque du Soleil. Notre animateur est Philippe Savoy, vice-président principal des ventes chez Corpay Cross-Border, fort de plusieurs décennies d'expérience en conseil aux entreprises internationales sur la gestion de leurs risques de change et de leurs expositions aux devises. Il est accompagné d'Emmanuelle Leclerc-Granger, CPA, directrice financière du Groupe Cirque du Soleil. Au cours de ses quatre décennies d'existence, le Cirque du Soleil est passé d'une compagnie de 20 personnes à une puissance mondiale du divertissement, une expansion si intense et ciblée qu'elle a engendré des risques de change. C'est pourquoi le fait que Corpay devienne leur partenaire mondial en matière de change s'est imposé comme une évidence. Écoutez-nous pour découvrir toute l'histoire!

Welcome to Partner in Focus, a series where we are placing our affiliates and associated at the forefront. The series will bring insights into the web of ideas and objectives and that drive growth for the network of global brands we partner with. This is our inaugural episode, and we’re delighted that our guest is our esteemed partner, Cirque du Soleil. Our host is Philippe Savoy, SVP Sales, Corpay Cross-Border who has decades of experience advising global business on managing their currency risk and FX exposures. He is joined by Emmanuelle Leclerc-Granger, CPA, the Chief Financial Officer of Cirque du Soleil Entertainment Group. Cirque Du Soleil transformed from a 20-person show to a global entertainment powerhouse over its four decades, an expansion so fierce and focused that it brought in currency exposures. This is where the Corpay becoming their global foreign exchange partner felt ‘natural’. Listen in, to hear the whole story!

Join us for our latest podcast episode, where we talk about the US’s tariff war, and its impact on companies as they try to plan for their future. Ed Kim, Corpay Cross-Border’s Regional Director for Currency Risk Management Solutions, shares his perspective around how to manage your FX when the ability to forecast is diminished, and the world seems to be “Selling America”. The threat of a trade war sparked by tariffs has reduced companies’ abilities to forecast confidently. Businesses of all sizes and niches are finding it harder to predict what their supplies will cost, or what their status quo will be as it comes to their inventory and sales revenue. So where do you start as it comes to sifting through the noise and determining your next move? Do you take steps to try to plan for unpredictable future volatility, or would looking back at your trading patterns to date, be a more effective way of examining your options? Join our discussion to hear Ed’s expertise as it comes to how Treasurers and CFOs can maintain a healthy outlook as they navigate declining certainty.

Why would a business consider opening a foreign currency account? In this episode of FX in Focus, we explore how companies making regular payments to international suppliers or employees, or receiving payments from customers in multiple countries, could benefit from a multi-currency account or a local currency account. Organizations ranging from multinationals with regional offices and subsidiaries and tech and SaaS companies with international clients, manufacturers with global supply chains, traditional importers and exporters, and many other types of businesses can leverage foreign currency accounts to support local currency transactions—from customers or clients or to vendors and suppliers. John and Philippe also dive into the reasons why a multi-currency account can help businesses circumvent the costly and time-consuming process associated with opening local currency accounts with foreign banks. All cross-border providers are not created equal – and that extends to their multi-currency account capabilities. Tune in today to learn what to look for in such a product, as well as the providers who offer them.

In our latest episode, we have a conversation about evaluating and managing types of risk in fund management. The thinking in financial markets is often that an element of risk is essential to generate returns. The fund or portfolio manager is then, in many ways, a professional risk manager, evaluating what types of risk—and level of risk—are acceptable to the investment committee. The manager then devises a strategy that aligns with the fund’s policies on risk appetite, and implements their strategy accordingly. In this episode of Forward Points, Andrew Shortreid, who leads Corpay’s Funds and Institutional group, extends this concept to FX risk for international funds. A sound and disciplined FX hedging program separates the noise from the signal, so the focus stays on the fund’s financial returns. You won’t want to miss this.

Olivier Carrolaggi’s career, spanning three continents, gives him a singular vantage point on "Africa: A continent of contrasts,” where ancient conflicts and military coups coexist with intraregional economic development. New leaders are slowly introducing more democratic policies. Digitalisation supports innovation and financial inclusion, most important, access to education for the region’s growing youth population.

Marky Ho joined Corpay Cross Border in November of 2023, bringing 20 years of experience in banking and trading to the team. He offers perspective on the challenges developing Asia faces, including exposure to climate events and high dollar debt. He also describes innovations that increase regional economies’ resilience—and trends to keep an eye on.

In our chat, Jeff outlines the benefits that many economies in the region derive from proximity to the US and Canada, but rising inflation, high debt, political polarisation, and uneven development are persistent challenges. He also enlightens us on some regional bright spots and success stories, including new technologies, discoveries, and policies that are sparking growth.

One topic very much on our Canadian clients’ minds are the new regulations the CRA (Canada Revenue Agency) released on charities and the impact it will have on Canadian philanthropy. Our guest on this podcast episode is Adam Aptowitzer, National Leader in Charities and Not-for-Profit Law at KPMG Law. Listen in to learn more!

Navigating complex and changeable sanctions and regulatory regimes across the globe can be a key consideration for NGOs. It seems that many geopolitical hot spots, where aid is most needed, are getting hotter—both in climate and in tensions. Global sanctions are also not black and white. Knowing how to navigate the different types of sanctions, their implications, and the risks - can help better understand sanctions. For NGOs, every dollar counts toward advancing their work. Payment technologies with stringent risk management solutions can enhance payment efficiency and can, in part, mitigate risk for NGOs.

Tune in, to stay on top of global markets with this week's in-depth analyses, breaking news, and insightful discussion that can help keep you informed, with specific attention to Australia and the broader APAC region.

Tune in, to stay on top of global markets with this week's in-depth analyses, breaking news, and insightful discussion that can help keep you informed, with specific attention to Australia and the broader APAC region.

Tune in, to stay on top of global markets with this week's in-depth analyses, breaking news, and insightful discussion that can help keep you informed, with specific attention to Australia and the broader APAC region.

Tune in, to stay on top of global markets with this week's in-depth analyses, breaking news, and insightful discussion that can help keep you informed, with specific attention to Australia and the broader APAC region.

Tune in, to stay on top of global markets with this week's in-depth analyses, breaking news, and insightful discussion that can help keep you informed, with specific attention to Australia and the broader APAC region.

Tune in, to stay on top of global markets with this week's in-depth analyses, breaking news, and insightful discussion that can help keep you informed, with specific attention to Australia and the broader APAC region.

In this episode, Senior Trader Gary Wilkinson speaks with Trevor Charsley, Senior Market Strategist, and Darryl Hood, VP and Senior Director of EMEA Sales and Trading about the imminent 2024 UK election…and more. The UK’s Prime Minister Rishi Sunak recently announced a general election for 4 July. 2024 is the biggest election year in history, with roughly half of the world’s population — some 4 billion people in around 80 countries — going to the polls. In the local elections in May, Sunak’s Conservative party lost a number of seats to the Labour party. Conventional wisdom says that no matter how anxiously results are awaited, polls are watched, and how much ink is spilt, elections results usually have very little effect on global currency markets. We’ll test that theory – and others — in our conversation.

The world of international trade is changing. In the face of ongoing repercussions from COVID slowdowns, rising geopolitical tensions, and the much-trumpeted decline in globalization, many companies are looking to increase the resilience of their business practices. This is leading to strategies such as re-shoring, onshoring, and friend-shoring and nearshoring, resulting in changes—and new challenges—for financial planning and treasury teams. Our conversation today will start with the high level macro trends. Then we’ll dive into practical considerations for financial teams on both sides of the borders, and strategies to consider in building long-term resilience. This will be a lively conversation—that’s a guarantee.

Some jurisdictions around the world have had an instant payment or real-time payment solution for many years already — specifically, emerging markets are pioneering digital payments (especially mobile payments) because of inefficient banking infrastructure and underbanked populations. As real-time payment technologies become more widely available, what are the benefits and the challenges ahead? Why is this happening now, and what needs to happen for instant payment or real-time payment to become common currency? Join us for our episode, where we'll chat about the positives and drawbacks of real-time payments, and what they could mean for the global economy.