Edgar, Dunn & Company (EDC) names Samee Zafar as next CEO
The directors of Edgar, Dunn & Company (EDC) have elected London based director Samee Zafar as the firm’s next CEO.Read now
Jean Sideris (Director, Dubai) spoke with Muzaffer Hamid, CEO at Mercury. During the conversation, Muzaffer talks about the role of Mercury in the UAE, the fast payment transformation that the country is going through, and his views on the future of the payment ecosystem in the MENA region
In Italy, the usage of payment cards has historically been lower than in other European countries, with cash continuing to be the preferred payment method among consumers, influenced by several cultural factors. However, payment card usage has increased- from 13% of the total consumer transaction volumes in 2019 to 26% in 2022. Elisabetta Nadal (Business Analyst, London) reviews the dynamic changes in payment acceptance trends in Italy within the broader context of the evolving payment landscape in Europe.
In 2022, 26 billion plastic cards were in circulation, totalling 130,000 tons of plastic, 10 times the weight of the Eiffel Tower. In addition to PVC, payment cards are made of toxic materials that are hard to recycle and harmful when incinerated or left to decompose in landfills. The environmental impact of this continuous production of ephemeral items is substantial. Justine Morvan (Business Analyst, London) has looked at the various initiatives the payments industry can take to reduce the environmental impact. This article also describes the EDC Environmental Card Framework, a set of guidelines designed to limit the environmental impact of payment cards.
The directors of Edgar, Dunn & Company (EDC) have elected London based director Samee Zafar as the firm’s next CEO.
Samee Zafar (Director, London) recently spoke with Mike Walters, CEO at From3. During the conversation, Mike shared his views on the evolution of the payment ecosystem towards automation and end-to-end processing and the role Form3 plays