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Panel: Closed-Loop Payments Expected to Remain an Option for Years to Come Despite Growth of Open Loop

by Dan BalabanPosted on Posted in Closed LoopTagged , , , ,
While the trend today is for more transit agencies to introduce open-loop fare payments, closed-loop cards, either in physical form or dematerialized on smartphones and wearables, will be with us for many years to come–though perhaps in a reduced role....

Cubic’s MaaS Point Man: Control of MaaS Apps by VC-Funded Start-Ups Coming to an End; Whim App Chief: Not So Fast

by Dan BalabanPosted on Posted in MaaSTagged , ,
Andy Taylor, senior director, global strategy for Cubic Transportation Systems contended that the MaaS market is at a crossroads and could fail if it doesn’t change course, including putting cities and public agencies firmly in the “driving seat” of...

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

by Dan BalabanPosted on Posted in Open LoopTagged , , , ,
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, including linking their mobile ticketing and contactless...