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.
Jean Sideris (Director, Dubai) recently spoke with Abe Smith, Co-CEO at Paymentology. During the conversation, Abe introduced the firm and shared his views about the evolution of the issuing processing market and the singularities of the MEA region
Samee Zafar (Director, London) recently spoke with Mr Zafar Masud, CEO at Bank of Punjab. During the conversation, Mr Masud talked about the focus of Bank of Punjab (BOP) and the Fintech sector in Pakistan
Samee Zafar (Director, London) recently spoke with Andrea Burchett, Managing Director for Commercial Loyalty at Virgin Red. During their conversation, Andrea shared her views on the importance of loyalty in financial services and how these programmes are financed.
European SMEs (Small and Medium-sized Enterprises) have historically been underserved by payment-related actors, often squeezed between consumers and corporates by financial institutions. In this article written by Louis Wapler, Manager in EDC’s Paris office, in collaboration with Gregoire Toussaint, Director and B2B Payments practice lead, they analysed the topic of SME payment cards, focusing on the key aspects such as existing pain points and unmet needs and how card related services SMEs to overcome them.