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Vix Technology Agrees to Pay $2.1 Million to Settle Covid Relief Loan Fraud Case; CEO Says Penalty Won’t Affect ‘Operations or Financial Position’

by Dan BalabanPosted on May 1, 2025 (July 7, 2025)Posted in Closed LoopTagged Editor's Choice

Vix Technology Group recently agreed to pay $2.1 million to settle a fraud case alleging Vix made false claims on its application for a low-interest Covid relief loan. Vix CEO Aaron Ross insisted to Mobility Payments that the damages will have “no impact”...

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Cubic Hires Former Vix Chief as Head of Business Development, Replacing ‘Turnaround Expert’ in Post

by Dan BalabanPosted on June 11, 2024 (August 31, 2024)Posted in Closed LoopTagged Cubic

Cubic Transportation Systems has replaced its head of business development–and turnaround expert–Rich Varos with fare-industry veteran and former head of Vix Technology David Maitland, Mobility Payments has learned. The move, coming after Varos was in...

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Bid Award Challenged in Sweden’s No. 2 City by Ridango; but Displaced Incumbent Vix Declines to Appeal

by Dan BalabanPosted on April 18, 2024 (April 18, 2024)Posted in Open LoopTagged Sweden, Västtrafik

A contract award to Czech Republic-based vendor Mikroelektronika for a new fare system in Sweden’s second-largest city, Gothenburg, is on hold as officials handle an appeal from the vendor that came in second in the bidding, Estonia-based Ridango, Mobility...

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Tip Sheet: Vix Chief Ross Dismisses Talk of Merger with Kuba

by Dan BalabanPosted on March 13, 2024 (March 24, 2024)Posted in Closed LoopTagged Editor's Choice, Tmoney, Transport for London, Vix Technology

Vix Technology CEO Aaron Ross told Mobility Payments that even though he will continue to head up both Vix and Kuba and that the two fare vendors share a private equity owner and have a close working relationship, there are no plans for the companies to...

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Mikroelektronika Set to Unseat Incumbent Vix with Low Bid in Sweden’s No. 2 City; Can Vendor Deliver for Price?

by Dan BalabanPosted on February 14, 2024 (April 18, 2024)Posted in Open LoopTagged Sweden

Czech Republic-based fare-system provider Mikroelektronika submitted the low bid to win the procurement of a new fare system in Sweden’s second-largest city, Gothenburg, besting a field of bidders that included nearly 20-year incumbent supplier Vix...

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TIP SHEET: Vix and Kuba Ready to Merge? Also: Czech Vendor Wins in Sweden; Overhaul in Miami; Singapore ABT Update; Masabi Contract Expected

by Dan BalabanPosted on February 12, 2024 (March 13, 2024)Posted in Open LoopTagged Editor's Choice, NEORide, Vix

For several industry observers, the naming earlier this month of Kuba CEO Aaron Ross to also lead Vix Technology–replacing former Vix chief David Maitland–looks at lot like the start of an unannounced Vix-Kuba merger. Vix and Kuba are already sister...

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Maitland Out at Cubic; CTS President Montgomery-Torrellas to Take Over ‘Growth’ Position Himself

by Dan BalabanPosted on October 30, 2025 (December 10, 2025)Posted in Closed LoopTagged Cubic, Editor's Choice

David Maitland, who headed business development for Cubic Transportation Systems, is out after fewer than 18 months with the struggling fare-system supplier, Mobility Payments has learned. The vendor does not plan to hire a replacement. Cubic in internal...

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Cubic’s Recently Installed Head of Europe Departs Abruptly; Maitland Under Pressure

by Dan BalabanPosted on October 17, 2025 (November 25, 2025)Posted in Closed LoopTagged Cubic Transportation Systems, Editor's Choice

William Wilson, who took over Cubic Transportation Systems’ EMEA region only six months ago, has left the company abruptly, Mobility Payments has learned. It’s not clear whether he quit or was fired. Wilson, former CEO of Siemens Mobility’s UK...

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Tip Sheet: Cubic Believed to be Sole Vendor in Running for Sydney Deal; TfL: Revenue-Collection Procurement Not Over Yet; Madrid Seeks ABT System

by Dan BalabanPosted on October 8, 2025 (November 17, 2025)Posted in Closed LoopTagged Sydney, Transport for London

Latest Intelligence on Sydney, London and Madrid procurements. Have a tip for the Tip Sheet? Write to contact@mobility-payments.com It’s looking more and more likely that Cubic Transportation Systems is the sole supplier still in the running for Transport...

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Masabi Wins Montreal Contract, Beating Out Cubic, Likely Conduent

by Dan BalabanPosted on June 20, 2025 (July 24, 2025)Posted in Closed LoopTagged Montreal

UK-based Masabi has won a contract reported to be worth at least CA$125 million (US$91.1 million) from Montreal-area transport authority ARTM, beating out Cubic Transportation Systems, likely incumbent Conduent Transportation and four other suppliers. It's...

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Search Results for: vix

Vix Technology Agrees to Pay $2.1 Million to Settle Covid Relief Loan Fraud Case; CEO Says Penalty Won’t Affect ‘Operations or Financial Position’

Cubic Hires Former Vix Chief as Head of Business Development, Replacing ‘Turnaround Expert’ in Post

Bid Award Challenged in Sweden’s No. 2 City by Ridango; but Displaced Incumbent Vix Declines to Appeal

Tip Sheet: Vix Chief Ross Dismisses Talk of Merger with Kuba

Mikroelektronika Set to Unseat Incumbent Vix with Low Bid in Sweden’s No. 2 City; Can Vendor Deliver for Price?

TIP SHEET: Vix and Kuba Ready to Merge? Also: Czech Vendor Wins in Sweden; Overhaul in Miami; Singapore ABT Update; Masabi Contract Expected

Maitland Out at Cubic; CTS President Montgomery-Torrellas to Take Over ‘Growth’ Position Himself

Cubic’s Recently Installed Head of Europe Departs Abruptly; Maitland Under Pressure

Tip Sheet: Cubic Believed to be Sole Vendor in Running for Sydney Deal; TfL: Revenue-Collection Procurement Not Over Yet; Madrid Seeks ABT System

Masabi Wins Montreal Contract, Beating Out Cubic, Likely Conduent

Miami to Reconvene Selection Committee after Vendors Challenge Cubic’s No. 1 Ranking for Back-Office Deal; Cubic Threatens Protest

Analysis: Cubic Takes Big Hit to Reputation in Losing Transport for London Contract, as Debt Woes Mount

Backers of Dutch OVpay Project Again Push Back Date to Retire 20-Year-Old Mifare Card; but White-Label Replacement is Coming

Special Report: New York Mayor Mamdani Champions Zero-Fare Buses for NYC as Kansas City Prepares to Walk it Back

Updated with Judgment: UK Court Allows Transport for London to Enter into Revenue-Collection Contract with Indra

Miami to Reconvene Selection Committee after Vendors Challenge Cubic’s No. 1 Ranking for Back-Office Deal; Cubic Threatens Protest

Analysis: Cubic Takes Big Hit to Reputation in Losing Transport for London Contract, as Debt Woes Mount

Special Report: New York Mayor Mamdani Champions Zero-Fare Buses for NYC as Kansas City Prepares to Walk it Back

Updated with Judgment: UK Court Allows Transport for London to Enter into Revenue-Collection Contract with Indra

Exclusive: Masabi, Moovel and Indra Object to Cubic’s No. 1 Ranking for Miami's Back-Office Contract