May 27, 2026 - Mobility Payments

Cubic Transportation Systems president Peter Montgomery-Torrellas has resigned, saying he was leaving June 19 for a “new opportunity,” which he didn’t name. Steve Slijepcevic, chairman and CEO of CTS parent…

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Day: May 27, 2026

Montgomery-Torrellas Resigns as Cubic Transportation Systems President; Cubic Corp. CEO to Take Over as Interim Chief

Montgomery-Torrellas Resigns as Cubic Transportation Systems President; Cubic Corp. CEO to Take Over as Interim Chief

Ex-Cubic Executives Worked on Winning Bid for INIT in Sydney, Helping Smaller Cubic Rival Score Major Upset

Conduent Agrees to Sell Transit Fare Business to Modaxo, Retaining Its Road Tolling Unit

SaaS-Ticketing Vendors Begin to Bring Open-Loop Payments to Small and Mid-Tier Transit Agencies in North America

U.S. Transit Agency Plans to End Free Fares, Go Cashless and Launch Open Loop–All under Tight Deadline

Montgomery-Torrellas Resigns as Cubic Transportation Systems President; Cubic Corp. CEO to Take Over as Interim Chief

Ex-Cubic Executives Worked on Winning Bid for INIT in Sydney, Helping Smaller Cubic Rival Score Major Upset

U.S. Transit Agency Plans to End Free Fares, Go Cashless and Launch Open Loop–All under Tight Deadline

Final Prep by Transit Agencies for World Cup: Will Promise of Open Loop Compel Spectators to Take Buses and Trains?

Officials Plan First Statewide Open-Loop Rollout in U.S.; but Say Federal Rules Bar them from Buying Through Cal-ITP