Cambridge Global Payments news and trends

Cambridge, Beanworks Continue X-Border Payment Partnership
B2B Payments // November 17, 2020

Cambridge Global Payments, a FLEETCOR firm, and Beanworks Solutions are continuing their collaboration to bring together solutions and offer a full accounts payable (AP) offering to clients, which can streamline their payable workflow spanning between buying and payment for firms that have international business, according to a...

Cambridge Global, Ripple Partner On Cross-Border Payments
B2B Payments // October 14, 2020

Cambridge Global Payments, a FLEETCOR company working on cross-border payments, has partnered with enterprise blockchain solution Ripple on a cross-border payment solution for B2B customers, according to a press release. Using RippleNet, Ripple’s global payment network, the partnership will take advantage of the ripe market...

Cambridge Global Payments Automates X-Border AP
B2B Payments // July 10, 2019

FLEETCOR-owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. Cross-border commercial payments and FX management firm Cambridge Global Payments said in a press release Tuesday (July 9) that its Invoice Automation Solution is now available as an integrated tool that streamlines...

All The World’s A Stage For (Prudent) FX Risk Management
Risk Management // February 28, 2019

Risk has rewards in all parts of life, but especially in business, where shrewd risk-taking and planning accrues to the bottom line. In an interview with Karl Schamotta, chief market strategist of Cambridge Global Payments, the executive weighed in on the risks and rewards of...

Interviews & Exclusives
All The World’s A Stage For (Prudent) FX Risk Management

February 28, 2019
Risk has rewards in all parts of life, but especially in business, where shrewd risk-taking and planning accrues to the bottom line. In an interview with Karl Schamotta, chief market strategist of Cambridge Global Payments, the executive weighed in on the risks and rewards of business done across borders, where growth far outpaces the rate […]

Markets Swoon And Risk Looms For Firms’ Cross-Border Commerce

October 18, 2018
Volatility in the stock markets and rising rates may have ripple effects — among them a greater amount of risk tied to FX transactions. Karl Schamotta, chief market strategist at...

When Economies Sour, The Hedgers Stand Tall

September 18, 2018
Silver linings. Blessings in disguise. Opportunities are knocking. Pick a favorite cliché — it’s OK — and feel free to apply it to this current phase of global economic volatility. Despite...

Why Farmers Now Care About Hedging Currency Risk

September 13, 2018
Farming has always been about risk. Bad weather, infestation, speculation: Such factors can not only mean survival or failure for farmers, but impact food prices and the larger global economy...

Quick Reads
Lessons From Brexit: FX Risk and Managing Funds Overseas

August 29, 2018
If there is a lesson for American businesses to learn from Brexit, it’s this: if a business has operations overseas, it needs to be attuned to the ebbs and flows of the FX market — or risk losing profits. The FX rate between the greenback and the sterling was on steady decline during the months […]

Cambridge Global Payments Launches Early Payments

March 07, 2018
Cambridge Global Payments, a unit of FLEETCOR and a provider of international payments and foreign exchange transactions, announced news on Tuesday (March 6) that it is aligning with Qwil to...

FLEETCOR Closes On Its $690M Buy Of Cambridge Global Payments

August 10, 2017
FLEETCOR Technologies, a global provider of commercial payment solutions, announced Wednesday (Aug. 9) that it has closed its acquisition of Cambridge Global Payments, the B2B international payments provider, for approximately...

FleetCor To Buy Cambridge Global Payments For $675M

May 02, 2017
In the wake of a series of negative reports by Citron Research about FleetCor Technologies, the workforce payments company, and positive reports from sell-side firms, the company said Monday that...