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Scheidt & Bachmann Believed to have Lost U.S. Contract, though Few Details Leak about Likely Termination of Deal

by Dan BalabanPosted on February 28, 2025 (April 28, 2025)Posted in Closed LoopTagged Editor's Choice, Scheidt & Bachmann

Vendor Scheidt & Bachmann is believed to have lost a major contract it was awarded in 2021 to overhaul the fare system of Baltimore and the surrounding metropolitan area by the U.S. state of Maryland, Mobility Payments has learned. Multiple sources told...

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In-Depth: Cubic Lays Out Arguments for Suing LA Metro in Case of ‘Secret’ Pricing Data

by Dan BalabanPosted on February 17, 2025 (April 28, 2025)Posted in Open LoopTagged Editor's Choice, LA Metro

Cubic Transportation Systems contends in recent court filings that it would “surely lose future contracts” to competitors if Los Angeles Metro follows through with its purported plans to release what Cubic argues is a trove of confidential cost 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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Cubic Sues to Block Release of Records by LA Metro Related to Sole-Source Contract

by Dan BalabanPosted on January 31, 2025 (May 14, 2025)Posted in Open LoopTagged Cubic, Editor's Choice, LA Metro

Cubic Transportation Systems has gone to court to block Los Angeles Metro from releasing documents that are part of a $66.4 million no-bid contract upgrade Cubic won last year. The pending release stemmed mainly from a California Public Records Act request...

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Boston Transit Agency MBTA Sees Fast Start to Open-Loop Payments Service

by Dan BalabanPosted on January 29, 2025 (March 1, 2025)Posted in Open LoopTagged MBTA

The Massachusetts Bay Transportation Authority in Boston has seen quick adoption so far of open-loop payments, with the service accounting for nearly 20% of all trips or “taps,” not counting cash, after only five months. (See table below.) Figures...

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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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Updated: Small U.S. Transit Agency Decides Not to Save Much-Used Closed-Loop Card; Replaces It with Open Loop

by Dan BalabanPosted on January 7, 2025 (January 31, 2025)Posted in Open LoopTagged Cal-ITP

A small U.S. transit agency in northeastern Pennsylvania has launched open-loop payments, with plans to shut down its closed-loop card program, which is used for more than half of its rides but which would have required a major overhaul. The agency, the...

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Special Report: Masabi and Cubic Seek to Sign Up Transit Agencies in North America with Group Contracts; In-Depth Look at NEORide Deal

by Dan BalabanPosted on December 13, 2024 (May 15, 2025)Posted in Mobile TicketingTagged Editor's Choice, Masabi, NEORide

The largest group fare contract of its kind in the U.S. will become at least a little bit bigger in 2025, when the NEORide council of governments says it will add five to six more transit agencies to the 15 agencies now live with its EZfare ticketing service...

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Tip Sheet: Fare Officials from Major Transit Agencies, Including New York and London, Believed to be Discussing How to Deal with Payments Industry

by Dan BalabanPosted on November 27, 2024 (May 25, 2025)Posted in Open LoopTagged MTA, Transport for London

Fare payments representatives with major transit agencies in Europe, North America and Australia have been quietly meeting to discuss merchant fees and fraud around open-loop payments, Mobility Payments has learned. Also: Australian Government Launches...

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Open-Loop Payments: Are U.S. Transit Agencies Ready for the Costs?: A Discussion

by Dan BalabanPosted on September 2, 2024 (October 25, 2024)Posted in Open LoopTagged Editor's Choice

A top official with Helsinki transport agency HSL made headlines over this past weekend, Aug. 31, when he was quoted as actually discouraging customers from using contactless open-loop payments when the agency launches the long-delayed service. That’s...

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Search Results for: MTA

Scheidt & Bachmann Believed to have Lost U.S. Contract, though Few Details Leak about Likely Termination of Deal

In-Depth: Cubic Lays Out Arguments for Suing LA Metro in Case of ‘Secret’ Pricing Data

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

Cubic Sues to Block Release of Records by LA Metro Related to Sole-Source Contract

Boston Transit Agency MBTA Sees Fast Start to Open-Loop Payments Service

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

Updated: Small U.S. Transit Agency Decides Not to Save Much-Used Closed-Loop Card; Replaces It with Open Loop

Special Report: Masabi and Cubic Seek to Sign Up Transit Agencies in North America with Group Contracts; In-Depth Look at NEORide Deal

Tip Sheet: Fare Officials from Major Transit Agencies, Including New York and London, Believed to be Discussing How to Deal with Payments Industry

Open-Loop Payments: Are U.S. Transit Agencies Ready for the Costs?: A Discussion

Netherlands Sees Some Growth in Open-Loop Adoption; Reiterates End Date for Aging Closed-Loop Card

Paris Transport Authority Still Insists Costs Too High to Support Open Loop, but Resistance Appears to be Falling

Masabi Wins Montreal Contract, Beating Out Cubic, Likely Conduent

Barcelona Transport Agency Sets Date for Launch of Open-Loop Payments–Two Years Late

New Zealand Taps CTO of Country’s Largest Transport Agency to Try to Get National Ticketing Project Back on Track

Paris Transport Authority Still Insists Costs Too High to Support Open Loop, but Resistance Appears to be Falling

Transport for London Expected to Reveal Winner of Major Revenue-Collection Contract within Weeks

In-Depth: Washington, D.C., Launches Open-Loop Payments on Subway with Overlay Technology; but Transit Agency Incurs Extra Costs

Vix Technology Agrees to Pay $2.1 Million to Settle Covid Relief Loan Fraud Case; CEO Says Penalty Won’t Affect ‘Operations or Financial Position’

Tip Sheet: Sydney’s Transport for NSW Says Procurement of Opal Next-Gen System Still on Track; Also, Why Kurt Brissett Likely Left the Agency