Open Loop Archives - Page 28 of 30

More Transit Agencies Seek to Eliminate Cash Using Retail Cash Points, Fintechs

by Dan BalabanPosted on July 7, 2021 (July 7, 2021)Posted in Open LoopTagged Editor's Choice, MBTA, OMNY, RTC of Southern Nevada, Transport for London

In the wake of the Covid-19 pandemic, elimination of cash has taken on greater urgency for transit agencies. Fare-collection system suppliers say they are seeing strong demand for cashless options,…

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Open-Loop Payments Trial at Small California Transit Agency Could Lead to More Rollouts in Giant State

by Dan BalabanPosted on June 5, 2021 (July 25, 2021)Posted in Open LoopTagged Caltrans, Littlepay, Monterey-Salinas Transit

California public bus agency Monterey-Salinas Transit last month officially launched a six-month “demonstration” project to pilot contactless open-loop payments. While the agency is very small, providing only around 3,500 rides…

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Rome Operator: Covid Accelerates Demand for Contactless but Customer Habits Hard to Change

by Dan BalabanPosted on March 29, 2021 (May 30, 2021)Posted in Open LoopTagged ATAC, Francesco Amendola, Rome, Vix Technology

The CIO of Italy’s largest public transit operator, ATAC SpA, said the Covid-19 pandemic has accelerated demand for open-loop contactless and mobile payments, but added that old habits are hard…

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OMNY Hits New Usage Milestone as Open-Loop Payments Rollout Continues

by Dan BalabanPosted on March 17, 2021 (April 5, 2021)Posted in Open LoopTagged MTA, OMNY

New York’s Metropolitan Transportation Authority, or MTA, says it continues to see steady growth of its open-loop fare payments service, OMNY, announcing 50 million taps by customers using NFC wallets…

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

by Dan BalabanPosted on January 1, 2021 (June 26, 2021)Posted in Open LoopTagged MTA, OMNY, Visa

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…

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UK Public Transit Officials in Midlands Seek to Replicate London’s Success in Pay-as-You-Go Contactless

by Dan BalabanPosted on January 1, 2021 (June 30, 2021)Posted in Open LoopTagged Swift card, Transport for London

Transit officials in the Midlands in the UK are calling on the government to fund a London-style contactless fare-payments system across this large section of the country, which would enable…

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Australia’s Commonwealth Bank Seeks to Expand Open-Payments Push for Transit and Other Mobility Projects

by Dan BalabanPosted on January 1, 2021 (April 4, 2021)Posted in Open LoopTagged CBA, Transport for New South Wales

Commonwealth Bank of Australia, the acquirer and processor for the open-loop payments service rolled out by Transport for New South Wales in Sydney, says it is negotiating with transit officials…

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Helsinki to Roll Out Multimodal Contactless EMV Fare Payments, with Plans for Daily and Weekly Fare Capping

by Dan BalabanPosted on January 1, 2021 (April 4, 2021)Posted in Open LoopTagged Helsinki Regional Transport Authority, Littlepay

The Helsinki Regional Transport Authority plans to accept contactless EMV payments on its multimodal system, including its buses, metro, trams and ferries. The rollout, expected to be completed in 2023,…

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New York’s OMNY Project Completes Major Milestone, as Transit Officials Point to Steady Growth in Adoption

by Dan BalabanPosted on January 1, 2021 (July 5, 2021)Posted in Open LoopTagged Cubic, MTA, OMNY

New York's Metropolitan Transportation Authority's much-watched open-loop fare collection service, OMNY, has reached a milestone for acceptance in New York's premier borough, Manhattan. [...]Read More

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Italy’s Fourth Largest City Latest to Launch Open-Loop Service

by Dan BalabanPosted on January 1, 2021 (August 31, 2024)Posted in Open LoopTagged Gruppo Torinese Trasporti, Italy, Turin

Transit officials in Turin, Italy, have launched acceptance of fares with contactless EMV bank cards and NFC wallets. The Covid-19 pandemic aftermath is expected to accelerate the already significant trend…

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Category: Open Loop

More Transit Agencies Seek to Eliminate Cash Using Retail Cash Points, Fintechs

Open-Loop Payments Trial at Small California Transit Agency Could Lead to More Rollouts in Giant State

Rome Operator: Covid Accelerates Demand for Contactless but Customer Habits Hard to Change

OMNY Hits New Usage Milestone as Open-Loop Payments Rollout Continues

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

UK Public Transit Officials in Midlands Seek to Replicate London’s Success in Pay-as-You-Go Contactless

Australia’s Commonwealth Bank Seeks to Expand Open-Payments Push for Transit and Other Mobility Projects

Helsinki to Roll Out Multimodal Contactless EMV Fare Payments, with Plans for Daily and Weekly Fare Capping

New York’s OMNY Project Completes Major Milestone, as Transit Officials Point to Steady Growth in Adoption

Italy’s Fourth Largest City Latest to Launch Open-Loop Service

Vendors Prepare to Compete for Business, as New York’s MTA Requests First Bids for Large Fare-Evasion Project

Tip Sheet: Could Cubic Lose Another Big Contract in Vancouver?

Cubic Corp. Hires Transportation Industry Veteran to Turn Around Its Troubled Fare-System Vendor

Updated: Modaxo Completes Acquisition of Conduent Transit Unit; Renames Fare Business ‘Novvan’

Cubic and Moovel Intend to Protest Recommendation in Miami for $42 Million Contract Award to Masabi

Tip Sheet: Could Cubic Lose Another Big Contract in Vancouver?

Cubic Corp. Hires Transportation Industry Veteran to Turn Around Its Troubled Fare-System Vendor

Cubic and Moovel Intend to Protest Recommendation in Miami for $42 Million Contract Award to Masabi

Barcelona Transport Authority Sets Date for Launch of Open-Loop Payments…Again; Can It Make It This Time?

Miami-Dade County Recommends Masabi for Back Office Deal; If Approved by Board, Debt-Strapped Cubic Would Lose Another Contract as Incumbent