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

Phone at terminal-Marseille
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 technology to transit...

Special Report–France: Strong Growth in Open Loop, but Mainly for Occasional Riders; Paris Still Missing in Action

Phone-reader-Marseille
Nearly 50 cities or regions have adopted open-loop payments in France or are scheduled to launch within the next year (see table on this page), with more in the pipeline.  It may be premature, however, to call France an open-loop hotspot like the UK and...