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Top Cubic Executives Complain of ‘Serious Concerns’ about Tender Process in Selection of Rival Conduent in Australia: Reports

by Dan BalabanPosted on Posted in Open LoopTagged ,
Bus in Melbourne
U.S.-based Cubic Corp. sent a letter of complaint to the premier of the Australian state of Victoria in Melbourne, contending that a flawed procurement process led to the selection of rival vendor Conduent for a 15-year, AU$1.7 billion (US$1.1 billion),...
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Is Sweden’s No. 2 City Rolling Out Open-Loop Payments Twice?

by Dan BalabanPosted on Posted in Open LoopTagged
Earlier this month, Gothenburg transit authority Västtrafik launched open-loop payments, the fourth city in Sweden to do so, according to Vix Technology, the vendor that implemented the service on 4,500 upgraded validators on buses, trams and ferries in the...
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Australia’s Second-Largest State Names Winner of Contract for New Ticketing System

by Dan BalabanPosted on Posted in Open LoopTagged ,
Melbourne tram
Australia’s second largest state has hired U.S.-based Conduent to a 15-year, AU$1.7 billion (US$1.1 billion), contract to build and operate an account-based ticketing system that will include open-loop payments, the Victoria state minister for public...
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Open-Loop-Leaning Panel Sees Role for Closed-Loop Payments in Transit

by Dan BalabanPosted on Posted in Closed LoopTagged ,
Oyster hand at terminal
Despite the growth of open-loop payments, closed loop will continue to play a necessary role for transit agencies, especially to accommodate the unbanked and underbanked and customers that don’t want to use their credit or debit cards to pay fares,...
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