Corpay Cross-Border Solutions

Corpay Cross-Border is pleased to announce that we have entered into an agreement with World Athletics, the international governing body for the sport of athletics, covering track and field, cross country running, road running, race walking, mountain running, and ultra running, to become their Official Foreign Exchange (FX) Supplier. Read the full announcement here: https://hubs.ly/Q02HXmWw0

"Quiet start. No major data or news overnight. Major asset classes contained to recent ranges. AUD hovering near its 1-year average, NZD a bit weaker." Read more from Peter Dragicevich: https://lnkd.in/gbyMSFXC

Markets are holding steady ahead of a week full of potential volatility landmines: central bankers in Tokyo, Washington and London will deliver rate decisions, four of the ‘magnificent seven’ technology companies - Amazon, Apple, Meta, and Microsoft - will release earnings, the euro area will publish an inflation update, and a critical US non-farm payrolls report will cap things off before the August doldrums set in. More from Karl Schamotta: https://hubs.ly/Q02JcmNW0

Listen to our weekly APAC podcast, Corpay Currency Chat, with Peter Dragicevich, where he discusses FX and economic trends for a few short minutes.   It has been a busy week in markets with a negative undertone washing through. Growth concerns in China after policymakers eased a few monetary levers, and underwhelming earnings results from some megacap US tech stocks rattled nerves.    Listen here: https://lnkd.in/g_USgtYP

"Positive tone. Improved risk sentiment. Equities rebound. Bond yields lower. Backdrop helps the AUD claw back a little lost ground." Read more from Peter Dragicevich: https://lnkd.in/gaw6i5yh

Corpay's market strategists analyze global market trends and provide research reports and insightful commentary. Subscribe to our Market Analysis Program to stay informed about the events that can impact your business. https://hubs.ly/Q02J4pXQ0

To all our valued users – thank you for your reviews! If you want to learn more about our highly rated platform, connect with us for a demo to learn more: https://hubs.ly/Q02J4sCl0 Or visit our listing on G2 to read what more of our customers have to say: https://hubs.ly/Q02J4wS00

If you missed this week's webinar, the on-demand version is now available. Watch our webinar "Helping NGOs streamline and simplify global disbursements" here: https://lnkd.in/gnR8cAsR Are you an NGO looking for security and convenience in payment processing? NGOs often acquire their grantees’ banking information through traditional but potentially unsecure channels like email and phone. Further, the process of collecting and verifying the banking information of beneficiaries can be cumbersome and time-consuming. At Corpay, it’s our mission to help equip NGOs doing critical work around the globe with dynamic and responsive payment solutions. Join two of our experts, Casey Rollins and Pradeep K Chandra, as they discuss how you could make global disbursements faster and easier.

Corpay will be well represented at Fintech South next month. Group Presidents Rick Fletcher of Corpay Payables and Mark Frey of Corpay Cross-Border Solutions will serve on a panel about transformative opportunities in B2B payments, hosted by Laura Gibson-Lamothe, Executive Director of the Georgia Fintech Academy. Corpay Spend Management https://lnkd.in/e-tCbPAP

The Federal Reserve’s preferred inflation measure climbed incrementally as expected in June, leaving monetary policy expectations unchanged across the financial markets. Data released by the Bureau of Economic Analysis this morning showed the core personal consumption expenditures index rising 0.2 percent (0.182 unrounded) from the prior month, matching market forecasts for a modest acceleration from May’s 0.1-percent (0.127 unrounded) print. On a year over year basis, core price growth held at 2.6 percent, the same as in May, slightly above economist estimates. More from Karl Schamotta: https://hubs.ly/Q02J38kr0