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Exclusive: U.S. Tariffs Will Cause Pain for Fare Vendors and Agencies, Though They May Not Spur More Manufacturing in U.S.

by Dan BalabanPosted on April 8, 2025 (May 15, 2025)Posted in Open LoopTagged Editor's Choice

High tariffs announced by U.S. President Donald Trump last week likely will hike costs for fare-system vendors, which are expected to pass on at least part of the increases to transit agencies, fare industry veterans told Mobility Payments. Most industry...

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Tip Sheet: Fare System Procurement in UAE Capital Canceled; New Tender Request May be Coming

by Dan BalabanPosted on March 26, 2025 (May 4, 2025)Posted in Open LoopTagged Abu Dhabi, NEORide

Also: Visa’s Nick Mackie: Quit or Shown the Door?; Largest Agency on Multistate Ticketing Platform to Launch Fare Capping; Major Agencies Again Meet with Payments Industry [...]

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Ridango Gets New Owner, New HQ and Says It’s Looking for New Acquisitions; Can It Shed Its Status as a Regional Player?

by Dan BalabanPosted on March 26, 2025 (May 14, 2025)Posted in Closed LoopTagged Ridango

The chief of fare-system supplier Ridango says the vendor doesn’t plan “any shift in the company’s strategic direction” now that it has a new majority owner. But he added that the company will be “more active in mergers and acquisitions.” Ridango...

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Queensland Rollout to Hit Major Milestone after Years of Delays; Politicians Seek to Score Points Over Fare-System Fumble

by Dan BalabanPosted on March 21, 2025 (April 28, 2025)Posted in Open LoopTagged Brisbane, Queensland

The last major transport operator serving the Australian city of Brisbane and the state’s most populous region, “South East Queensland,” is scheduled to launch open-loop payments Monday as part of a long delayed Smart Ticketing project being rolled out...

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Victoria Transport Minister Announces Plans for Launch of Open-Loop Payments Next Year, but Government is Light on Specifics

by Dan BalabanPosted on February 24, 2025 (March 6, 2025)Posted in Open LoopTagged Melbourne

he Victoria state government in Australia has announced plans to launch open-loop payments by early next year, though has released few specifics, which has raised some skepticism among observers. Gabrielle Williams, Victoria state minister for public and...

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Ratings Agency Warns of ‘Onerous Debt Burden’ for Cubic, but Says Vendor’s Transit Clients Shouldn’t Worry

by Dan BalabanPosted on February 17, 2025 (April 28, 2025)Posted in Closed LoopTagged Cubic

S&P Global, a major ratings agency, has downgraded Cubic Corp.’s credit rating to CCC+ from an already low B-, warning of an "onerous debt burden" for the company that includes Cubic Transportation Systems. The primary analyst for the ratings change told...

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Abu Dhabi Procuring Account-Based Ticketing System; Process May Have Reached New Stage

by Dan BalabanPosted on February 6, 2025 (May 15, 2025)Posted in Closed LoopTagged Abu Dhabi, Dubai

One or more short-listed vendors for Abu Dhabi’s planned fare system are believed to have made their pitches to the Integrated Transport Centre in recent days and weeks, Mobility Payments has learned. The transport agency, which is releasing few details...

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Tip Sheet: Cubic Contract Award Back on Agenda for SEPTA Board Meeting in Philadelphia

by Dan BalabanPosted on January 16, 2025 (March 3, 2025)Posted in Closed LoopTagged Editor's Choice, SEPTA

The proposed award of a $211 million fare-system contract for Cubic Transportation Systems is back on the agenda for a board meeting of Philadelphia transit agency SEPTA scheduled for next week, where the award is expected to gain approval. As Mobility...

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Danish Transport Officials Hire Vendor to Supply Validators for Customers Who Cannot or Will Not Use National Ticketing Apps

by Dan BalabanPosted on January 9, 2025 (February 11, 2025)Posted in Mobile TicketingTagged Denmark

Denmark transport-ticketing agency Rejsekort & Rejseplan today announced it had hired a vendor to supply around 9,000 validators to accept a new closed-loop card the agency plans to roll out, with open-loop payments likely coming later. The validators are...

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Cubic Expected to Win Major Fare-System Contract in Philadelphia

by Dan BalabanPosted on December 12, 2024 (February 11, 2025)Posted in Open LoopTagged SEPTA

Cubic Transportation Systems is expected to win the major fare-system project from the Southeastern Pennsylvania Transportation Authority, or SEPTA, an up to $211 million deal to implement and operate the agency’s planned Key 2.0 system. Update: SEPTA...

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Search Results for: Conduent

Exclusive: U.S. Tariffs Will Cause Pain for Fare Vendors and Agencies, Though They May Not Spur More Manufacturing in U.S.

Tip Sheet: Fare System Procurement in UAE Capital Canceled; New Tender Request May be Coming

Ridango Gets New Owner, New HQ and Says It’s Looking for New Acquisitions; Can It Shed Its Status as a Regional Player?

Queensland Rollout to Hit Major Milestone after Years of Delays; Politicians Seek to Score Points Over Fare-System Fumble

Victoria Transport Minister Announces Plans for Launch of Open-Loop Payments Next Year, but Government is Light on Specifics

Ratings Agency Warns of ‘Onerous Debt Burden’ for Cubic, but Says Vendor’s Transit Clients Shouldn’t Worry

Abu Dhabi Procuring Account-Based Ticketing System; Process May Have Reached New Stage

Tip Sheet: Cubic Contract Award Back on Agenda for SEPTA Board Meeting in Philadelphia

Danish Transport Officials Hire Vendor to Supply Validators for Customers Who Cannot or Will Not Use National Ticketing Apps

Cubic Expected to Win Major Fare-System Contract in Philadelphia

Ex-Cubic Executives Worked on Winning Bid for INIT in Sydney, Helping Smaller Cubic Rival Score Major Upset

Conduent Agrees to Sell Transit Fare Business to Modaxo, Retaining Its Road Tolling Unit

SaaS-Ticketing Vendors Begin to Bring Open-Loop Payments to Small and Mid-Tier Transit Agencies in North America

U.S. Transit Agency Plans to End Free Fares, Go Cashless and Launch Open Loop–All under Tight Deadline

Final Prep by Transit Agencies for World Cup: Will Promise of Open Loop Compel Spectators to Take Buses and Trains?

Ex-Cubic Executives Worked on Winning Bid for INIT in Sydney, Helping Smaller Cubic Rival Score Major Upset

U.S. Transit Agency Plans to End Free Fares, Go Cashless and Launch Open Loop–All under Tight Deadline

Final Prep by Transit Agencies for World Cup: Will Promise of Open Loop Compel Spectators to Take Buses and Trains?

Officials Plan First Statewide Open-Loop Rollout in U.S.; but Say Federal Rules Bar them from Buying Through Cal-ITP

State Auditor: Conduent Rollout Schedule for Melbourne Project ‘Overly Optimistic’; Transport Officials Ignored Signs of Risk