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Boston Transit Agency MBTA Sees Fast Start to Open-Loop Payments Service

by Dan BalabanPosted on January 29, 2025 (March 1, 2025)Posted in Open LoopTagged MBTA

The Massachusetts Bay Transportation Authority in Boston has seen quick adoption so far of open-loop payments, with the service accounting for nearly 20% of all trips or “taps,” not counting cash, after only five months. (See table below.) Figures...

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MBTA and Cubic Launch Open-Loop Payments in Boston Under Recent Project Change Order

by Dan BalabanPosted on August 2, 2024 (August 31, 2024)Posted in Open LoopTagged MBTA

Boston’s Massachusetts Bay Transportation Authority launched the first phase of its long-delayed, nearly-billion dollar, fare project, introducing open-loop payments to riders of the subway, buses and two trolley lines Thursday. The launch came only two...

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Boston Agency MBTA Hires Vendor to Extend Life of Existing Fare System, as It Waits for Cubic to Complete Project

by Dan BalabanPosted on June 7, 2023 (May 25, 2024)Posted in Closed Loop, Open LoopTagged MBTA

The Massachusetts Bay Transportation Authority, or MBTA, in Boston recently approved another contract with Scheidt & Bachmann, as it seeks to extend the life of its existing fare-collection system until a delayed new fare system from Cubic Transportation...

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Transit App Introduces First-of-Its-Kind Feature Telling Users Where They Can Pay with Open Loop

by Dan BalabanPosted on March 5, 2025 (March 22, 2025)Posted in Open LoopTagged Editor's Choice, Transit app

The Transit trip-planning app has introduced a feature that tells users whether the transit agency they’re looking to ride accepts open-loop payments. The first-of-its-kind feature kicked off with a list of more than 50 transit authorities, operators and...

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Ratings Agency Warns of ‘Onerous Debt Burden’ for Cubic, but Says Vendor’s Transit Clients Shouldn’t Worry

by Dan BalabanPosted on February 17, 2025 (March 22, 2025)Posted in Closed LoopTagged Cubic

S&P Global, a major ratings agency, has downgraded Cubic Corp.’s credit rating to CCC+ from an already low B-, warning of an "onerous debt burden" for the company that includes Cubic Transportation Systems. The primary analyst for the ratings change told...

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EasyPark Buys Flowbird to Grow Bigger in Parking Payments; Company Says It will also Invest in Flowbird Fare Business

by Dan Balaban and Sarah CohenPosted on January 29, 2025 (February 18, 2025)Posted in Mobile TicketingTagged Flowbird

EasyPark Group’s recent acquisition of competing parking-payments provider Flowbird of France seeks to help EasyPark expand to thousands of additional cities globally, as well as branching out its offer to parking-payments terminals and other hardware, a...

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Tip Sheet: Cubic Contract Award Back on Agenda for SEPTA Board Meeting in Philadelphia

by Dan BalabanPosted on January 16, 2025 (March 3, 2025)Posted in Closed LoopTagged Editor's Choice, SEPTA

The proposed award of a $211 million fare-system contract for Cubic Transportation Systems is back on the agenda for a board meeting of Philadelphia transit agency SEPTA scheduled for next week, where the award is expected to gain approval. As Mobility...

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Cubic Planning Open-Loop Payments Product as Part of New Business Unit

by Dan BalabanPosted on October 9, 2024 (December 8, 2024)Posted in Open LoopTagged Cubic

Cubic Transportation Systems’ new business unit, Mobility Essentials, which will oversee the vendor’s software-as-a-service ticketing platform, Umo, will also offer an open-loop payments product that has yet to launch, Mobility Payments has learned. The...

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Analysis: Boston Project Finally to Get Rolling; What had Gone Wrong?

by Dan BalabanPosted on June 6, 2024 (August 31, 2024)Posted in Open LoopTagged Editor's Choice

When Phil Eng arrived in Boston to take over as general manager of the Massachusetts Bay Transportation Authority in April 2023, he assumed control of a transit system beset with crumbling infrastructure, labor shortages, budget shortfalls and safety...

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Cubic This Week Sees Transit Boards Act on Its Contracts in Four Major U.S. Cities–the Results were Mixed at Best

by Dan BalabanPosted on May 24, 2024 (June 7, 2024)Posted in Closed LoopTagged Cubic, Editor's Choice

Board members for transit agencies in four major U.S. cities this week either proposed or approved changes to their contracts with the same fare systems vendor–Cubic Transportation Systems. Overall, it was not a particularly good week for Cubic. The week...

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Search Results for: MBTA

Boston Transit Agency MBTA Sees Fast Start to Open-Loop Payments Service

MBTA and Cubic Launch Open-Loop Payments in Boston Under Recent Project Change Order

Boston Agency MBTA Hires Vendor to Extend Life of Existing Fare System, as It Waits for Cubic to Complete Project

Transit App Introduces First-of-Its-Kind Feature Telling Users Where They Can Pay with Open Loop

Ratings Agency Warns of ‘Onerous Debt Burden’ for Cubic, but Says Vendor’s Transit Clients Shouldn’t Worry

EasyPark Buys Flowbird to Grow Bigger in Parking Payments; Company Says It will also Invest in Flowbird Fare Business

Tip Sheet: Cubic Contract Award Back on Agenda for SEPTA Board Meeting in Philadelphia

Cubic Planning Open-Loop Payments Product as Part of New Business Unit

Analysis: Boston Project Finally to Get Rolling; What had Gone Wrong?

Cubic This Week Sees Transit Boards Act on Its Contracts in Four Major U.S. Cities–the Results were Mixed at Best

Queensland Rollout to Hit Major Milestone after Years of Delays; Politicians Seek to Score Points Over Fare-System Fumble

Denmark Says It’s One-Third of the Way Toward Hitting Goal of Nearly Universal Adoption of Mobile-Ticketing App

UK Government Plans to Trial GPS Mobile Ticketing on Rail Despite Expansion of Open Loop

Transit App Introduces First-of-Its-Kind Feature Telling Users Where They Can Pay with Open Loop

Cubic Wins Lawsuit Against LA Metro Seeking to Prevent Agency from Releasing ‘Confidential’ Pricing Information

UK Government Plans to Trial GPS Mobile Ticketing on Rail Despite Expansion of Open Loop

Transit App Introduces First-of-Its-Kind Feature Telling Users Where They Can Pay with Open Loop

Scheidt & Bachmann Believed to have Lost U.S. Contract, though Few Details Leak about Likely Termination of Deal

In-Depth: Cubic Lays Out Arguments for Suing LA Metro in Case of 'Secret' Pricing Data

Conduent Says Its Melbourne Fare Project is ‘Progressing Well'; That’s Not Exactly the Consensus Opinion in Victoria