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Media Coverage

Analysis: Investors’ bold bets on Biden win pose market risk

Published on Reuters October 23, 2020

“To some extent the markets are under-appreciating the likelihood of a Trump rebound here,” said Karl Schamotta, chief global strategist at Cambridge Global Payments.

Read the Reuters article here.

Canada and loonie ‘dancing to the tune that’s playing elsewhere’: Strategist

Published on BNN Bloomberg October 21, 2020

Karl Schamotta, chief market strategist at Cambridge Global Payments joins BNN Bloomberg for a view on what has been impacting the Canadian dollar lately. He says that skeptical views on whether Canada represents a good long term investment opportunity are growing.

Watch the video here.

Finding The Payment Rail Mix To Tackle B2B Payments Friction

Published on PYMNTS October 20, 2020

Cambridge Global Payments is now collaborating with Ripple on a cross-border B2B payment solution that uses Ripple’s payment network RippleNet. Currently in the pilot phase, the initiative aims to greatly accelerate the movement of funds across borders while enhancing transparency and payment certainty.

Read the article here.

Cambridge, Ripple Partner on Cross-Border Payments

Published on TotalFinance October 19, 2020

“We entered into the relationship with Ripple because it presented Cambridge a great opportunity to use distributed ledger technology to reduce the amount of time it takes for customers to pay their overseas vendors,” said Mark Frey, president, Cambridge Global Payments. “By expanding this relationship, we broaden our reach into the Asia-Pacific region, while providing customers the rapid payment delivery they expect.”

Read the full article here.

The ‘global arms race’ of the decade is a rush to create a digital currency

Published on BNN Bloomberg October 16, 2020

If successful, Karl Schamotta, chief market strategist at Cambridge Global Payments, said a national e-currency could promote a more resilient, inclusive and efficient payment system. He told BNN Bloomberg that during a financial crisis, for example, it could allow for the direct delivery of “helicopter money” to households, “avoiding issues that have dogged government stimulus efforts through the coronavirus pandemic.”

Read the article here.

Exclusive Autosport’s Duncalfe Aims to Climb Ladder as Team Owner

Published on NTT IndyCar October 10, 2020

“Being the only Canadian team on the Road to Indy presents certain challenges that other teams don’t deal with,” said Michael Duncalfe, the Team Owner, to NTT, “such as working daily with foreign currency. Cambridge offers personalized service that is catered to our business needs which allows EA to mitigate foreign exchange risk and streamline our financial transactions to and from our vendors, suppliers and customers – this allows us to focus more of our efforts on our clients and on growing our program. They really are a true partner of Exclusive Autosport.”

Read the full article on NTT IndyCar.