News - Page 23 of 61 - Mobility Payments

Large Fare-Collection Company in Korea Seeks to Roll Out Hands-Free Ticketing at Busy Metro Stations

by Dan BalabanPosted on March 25, 2024 (March 26, 2024)Posted in Mobile TicketingTagged Hands-Free Ticketing, Ultra-wideband

South Korean fare-collection and e-purse scheme Tmoney has implemented hands-free mobile ticketing on one gated light-rail line in Seoul. Can it win over other transit operators and, more importantly, riders…

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Three Big Agencies Say Devices Starting to Dominate Cards for Open-Loop Payments

by Dan BalabanPosted on March 25, 2024 (April 17, 2024)Posted in Open LoopTagged Editor's Choice, MTA, Sydney, Transport for London

Figures from three of the largest transit agencies accepting open-loop payments show that NFC wallets are becoming the most common way customers tap their credit and debit cards to pay,…

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Tip Sheet: Groundbreaking Open-Loop Procurement in Venice May Finally Launch in Spring

by Dan BalabanPosted on March 19, 2024 (March 22, 2024)Posted in Open LoopTagged Auckland, Editor's Choice, London, Sweden, Venice

An official with Venice transit agency AVM said the agency plans to launch its delayed open-loop service in the tourist mecca on May 1, which would be one year later…

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From Guru to Poster Child for MaaS’ Failures, Whim App Founder Calls it Quits

by Dan BalabanPosted on March 15, 2024 (March 16, 2024)Posted in MaaSTagged Editor's Choice

Sampo Hietanen, founder and CEO of high-profile mobility-as-a-service start-up MaaS Global this evening issued some of first comments since his company filed for bankruptcy yesterday, lamenting, “Nothing breaks like a…

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Worldline COO: Open Loop as ‘Revolution’ is Oversold; Urges Truly Revolutionary Thinking on Payments, Fare Models

by Dan BalabanPosted on March 13, 2024 (March 14, 2024)Posted in Open LoopTagged Editor's Choice, Worldline

James Bain, COO of global mobility transactional services for Worldline, a major European processor and acquirer–in a striking acknowledgement–said that payments companies have overpromised and oversold the benefits of open-loop…

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CEO of Thales Fare Unit: Expect ‘Continuity’ of Operations When Hitachi Takes Over

by Dan BalabanPosted on March 13, 2024 (March 14, 2024)Posted in Closed LoopTagged Thales

The head of fare-systems supplier Thales RCS confirmed that there will be a “continuity” of operations for the vendor after Hitachi Rail completes its acquisition of Thales Ground Transportation Systems,…

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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…

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Denmark’s Much-Anticipated Mobile-Ticketing App Will Launch as Pilot This Year before Backers Seek to Scale It Up

by Dan BalabanPosted on March 8, 2024 (April 11, 2024)Posted in Mobile TicketingTagged Denmark

Danish fare-collection company Rejsekort & Rejseplan, or RKRP, plans to launch a pilot of its high-profile nationwide mobile-ticketing service sometime in 2024 and will offer open-loop payments to customers who…

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Tip Sheet: Transport for London Criticizes Payments Industry for Rising Fees and Higher Fraud Losses

by Dan BalabanPosted on March 5, 2024 (March 19, 2024)Posted in Open LoopTagged Transport for London

Transport for London contactless payments

Complaining of rising transaction fees and higher fraud, Transport or London today suggested that actions by banks and payments schemes threatened to kill the “golden goose” of contactless fare payments…

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U.S. Agency Approves Sole-Source Contract for Cubic, Asserting It Would Save 30% by Avoiding Competitive Procurement

by Dan BalabanPosted on March 1, 2024 (March 1, 2024)Posted in Open LoopTagged Cubic, Metro Transit

Officials in the U.S. state of Minnesota, as expected, gave final approval this week to a $37.7 million sole-source contract for incumbent supplier Cubic Transportation Systems to upgrade the Minneapolis-St.…

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Large Fare-Collection Company in Korea Seeks to Roll Out Hands-Free Ticketing at Busy Metro Stations

Three Big Agencies Say Devices Starting to Dominate Cards for Open-Loop Payments

Tip Sheet: Groundbreaking Open-Loop Procurement in Venice May Finally Launch in Spring

From Guru to Poster Child for MaaS’ Failures, Whim App Founder Calls it Quits

Worldline COO: Open Loop as ‘Revolution’ is Oversold; Urges Truly Revolutionary Thinking on Payments, Fare Models

CEO of Thales Fare Unit: Expect ‘Continuity’ of Operations When Hitachi Takes Over

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

Denmark’s Much-Anticipated Mobile-Ticketing App Will Launch as Pilot This Year before Backers Seek to Scale It Up

Tip Sheet: Transport for London Criticizes Payments Industry for Rising Fees and Higher Fraud Losses

U.S. Agency Approves Sole-Source Contract for Cubic, Asserting It Would Save 30% by Avoiding Competitive Procurement

Miami Hearing Officer Rejects Protests by Cubic, Moovel; Vendors Vow to Weigh ‘All Available Options’

Tip Sheet: Chicago’s Ventra 3.0 Flies Under Radar; Vancouver may be in Talks with Vendors

Exclusive: Cubic, Moovel and Masabi Make Arguments to Protest Hearing Officer in Miami

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?

Miami Hearing Officer Rejects Protests by Cubic, Moovel; Vendors Vow to Weigh ‘All Available Options’

Exclusive: Cubic, Moovel and Masabi Make Arguments to Protest Hearing Officer in Miami

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