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Home / Cubic

Tag: Cubic

Cubic to Launch Open-Payment Overlay Product, Introduces New Pricing Strategy, as It Seeks to Revamp Umo Offer

by Dan BalabanPosted on March 26, 2025 (May 2, 2025)Posted in Mobile TicketingTagged Cubic, Editor's Choice
Cubic Transportation Systems plans to launch its “open-payment overlay” product within 90 days, seeking to give transit agencies the potential to launch open-loop payments with low upfront costs, like the…
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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
OMNY gates
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…
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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 global HQ
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…
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U.S. Agency Releases First Details about Reasons for ‘Emergency Procurement’ to Replace Fare System; is It Enough?

by Dan BalabanPosted on October 16, 2024 (November 13, 2024)Posted in Mobile TicketingTagged CapMetro, Cubic, Editor's Choice, Siemens Mobility
CapMetro app homescreen
Texas transit agency Capital Metro said 1.25 million fare transactions went unprocessed during a 30-day period last spring by its incumbent vendor, Siemens Mobility, according to the agency in a…
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Cubic Planning Open-Loop Payments Product as Part of New Business Unit

by Dan BalabanPosted on October 9, 2024 (December 8, 2024)Posted in Open LoopTagged Cubic
Cubic global HQ
Cubic Transportation Systems’ new business unit, Mobility Essentials, which will oversee the vendor’s software-as-a-service ticketing platform, Umo, will also offer an open-loop payments product that has yet to launch, Mobility…
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In-Depth: Cubic’s Hardware-Free Option for Mobile Ticketing; Will It Find a Market?

by Dan BalabanPosted on October 4, 2024 (November 28, 2024)Posted in Mobile TicketingTagged Cubic, Umo
Cubic Transportation Systems has introduced an option for riders to scan printed QR codes with the vendor’s Umo mobile-ticketing app, targeting its main North American market. The option, first trialed…
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Cubic Hires Former Vix Chief as Head of Business Development, Replacing ‘Turnaround Expert’ in Post  

by Dan BalabanPosted on June 11, 2024 (August 31, 2024)Posted in Closed LoopTagged Cubic
Cubic Transportation Systems has replaced its head of business development–and turnaround expert–Rich Varos with fare-industry veteran and former head of Vix Technology David Maitland, Mobility Payments has learned. The move,…
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Cubic This Week Sees Transit Boards Act on Its Contracts in Four Major U.S. Cities–the Results were Mixed at Best

by Dan BalabanPosted on May 24, 2024 (June 7, 2024)Posted in Closed LoopTagged Cubic, Editor's Choice
BART train
Board members for transit agencies in four major U.S. cities this week either proposed or approved changes to their contracts with the same fare systems vendor–Cubic Transportation Systems. Overall, it…
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Cubic Confirms It Outscored Indra on Technical Points, Despite Losing Big Contract in Ireland

by Dan BalabanPosted on May 2, 2024 (December 4, 2024)Posted in Open LoopTagged Cubic, Editor's Choice, Indra
Buese, Ireland
Cubic Transportation Systems has confirmed that it topped the winning vendor, Spain-based Indra, on technical points in the recent competition for the large next-generation ticketing system contract in Ireland, Mobility…
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Tip Sheet: Cubic Lays Off More Employees; Contends It Needs to ‘Become Leaner’ and More Competitive

by Dan BalabanPosted on April 15, 2024 (May 15, 2025)Posted in Closed LoopTagged Cubic, Montreal, SEPTA
Cubic global HQ
Cubic Transportation Systems is laying off more employees in an effort, it says, to “become leaner and more responsive” to the market, Mobility Payments has learned. The U.S.-based vendor, the…
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New Budget Estimates and ‘Program Reset’ in Victoria State Confirm Cost Overruns and Substantial Delays in Melbourne Project

May 20, 2025

Procurement Model in Poland Asked Vendors to Front Costs for CapEx in Exchange for Ticketing Revenue; Most Vendors Said, ‘No Thanks’

May 14, 2025

Changeover Underway to New Vendor for Switzerland’s Fast-Growing Mobile-Ticketing Service

May 09, 2025

Miami Transit Agency Prepares to Release Tender Request for Back Office for Its Fare-System Overhaul

May 07, 2025

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’

May 01, 2025

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

Apr 30, 2025

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’

May 01, 2025

In-Depth: Projects to Watch in California for Concessionary Discounts with Open Loop; Will More Riders Tap Bank Cards to Get Their Reduced Fares?

Apr 23, 2025

Miami Transit Agency Prepares to Release Tender Request for Back Office for Its Fare-System Overhaul

May 07, 2025

Procurement Model in Poland Asked Vendors to Front Costs for CapEx in Exchange for Ticketing Revenue; Most Vendors Said, ‘No Thanks’

May 14, 2025

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’

May 01, 2025

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

Apr 30, 2025

In-Depth: Projects to Watch in California for Concessionary Discounts with Open Loop; Will More Riders Tap Bank Cards to Get Their Reduced Fares?

Apr 23, 2025

Vendor for Denmark’s High-Profile Mobile-Ticketing Service Contends Contract Loss in Switzerland Won’t Compromise Company ‘Stability’ or ‘Strategy’

Apr 11, 2025

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

Apr 08, 2025

Recent Posts

  • New Budget Estimates and ‘Program Reset’ in Victoria State Confirm Cost Overruns and Substantial Delays in Melbourne Project
  • Procurement Model in Poland Asked Vendors to Front Costs for CapEx in Exchange for Ticketing Revenue; Most Vendors Said, ‘No Thanks’
  • Changeover Underway to New Vendor for Switzerland’s Fast-Growing Mobile-Ticketing Service
  • Miami Transit Agency Prepares to Release Tender Request for Back Office for Its Fare-System Overhaul
  • 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’

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