Visa, Mastercard Forecast More Contactless Growth in U.S., Spurred in Part by New York Fare Payments Service

The heads of the two largest payments networks in the U.S., Visa and Mastercard, predict strong growth for contactless payments in the U.S., with Mastercard CEO Ajay Banga noting that 70% of U.S. Mastercard-branded cards in the U.S. are coming up for reissue...
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Top Five U.S. Agency Issues RFP to Add Open Loop to Existing Terminals; Incumbent Cubic Likely in Driver’s Seat

Washington Metro train
The Washington (D.C.) Metropolitan Area Transit Authority, or WMATA–a top five transit agency in the U.S.–has moved a step closer toward introducing open-loop payments, issuing a recent request for proposal for the technology, Mobility Payments has...
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Debacle in Singapore and What It Means for Account-Based Ticketing in the Market

EZ-Link card at validator-Singapore
Singapore’s Land Transport Authority for several years was an enthusiastic supporter of account-based ticketing and of its own implementation of the technology–even sometimes referring to its project by the industry abbreviation for the technology,...
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