Cubic Archives - Page 2 of 3 - Mobility Payments

U.S. Agency Approves Sole-Source Contract for Cubic, Asserting It Would Save 30% by Avoiding Competitive Procurement

by Dan BalabanPosted on March 1, 2024 (March 1, 2024)Posted in Open LoopTagged Cubic, Metro Transit

Officials in the U.S. state of Minnesota, as expected, gave final approval this week to a $37.7 million sole-source contract for incumbent supplier Cubic Transportation Systems to upgrade the Minneapolis-St.…

Preview Article

U.S. Transit Agency to Overhaul Fare System; Plans to Keep Incumbent Vendor Cubic with No-Bid, 5-Year Contract

by Dan BalabanPosted on January 26, 2024 (March 1, 2024)Posted in Open LoopTagged Cubic

Another mid-tier transit agency in the U.S. plans to accept open-loop payments, under a planned fare system overhaul that will also implement account-based ticketing. Metro Transit, which serves the Minneapolis-St.…

Preview Article

Tip Sheet: Cubic’s Listening Tour; Novel RFP in Montreal; Delays in Sydney; ‘Next Steps’ for Ireland

by Dan BalabanPosted on January 8, 2024 (April 6, 2024)Posted in Closed LoopTagged Conduent, Cubic, Ireland

Cubic Transportation Systems president Peter Torrellas and the corporate turnaround expert he hired, Rich Varos, have held a series of meetings with Cubic clients and partners starting late last year.…

Preview Article

Cubic Hires New ‘Chief Growth Officer;’ Replaces Head of Business Development

by Dan BalabanPosted on November 2, 2023 (January 6, 2024)Posted in Closed LoopTagged Cubic, Editor's Choice

Cubic Transportation Systems has hired a new “chief growth officer,” who will oversee business development, strategy and marketing, as the struggling fare-system supplier seeks to win more new contracts and…

Preview Article

New Cubic President Fires Former Top Engineer Considered Protégé of Ex-President

by Dan BalabanPosted on October 24, 2023 (January 6, 2024)Posted in Closed LoopTagged Cubic

Peter Torrellas, who officially took over as president of Cubic Transportation Systems last week, has made what is believed to be his first major personnel move, dismissing the former senior…

Preview Article

Torrellas Takes Over as President of Cubic Transportation Systems; Can He Get Vendor Back on Track?

by Dan BalabanPosted on October 19, 2023 (January 6, 2024)Posted in Closed LoopTagged Cubic, Editor's Choice

Peter Torrellas this week officially took over as president of Cubic Transportation Systems, the largest fare-system supplier globally, but one that is facing major challenges in the market. Torrellas replaces…

Preview Article

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 August 4, 2021 (May 14, 2025)Posted in MaaSTagged Cubic, Editor's Choice, MaaS Global

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…

Preview Article

MaaS Global CEO: Transit Agencies Should Not Control MaaS Platforms

by Dan BalabanPosted on July 26, 2021 (October 25, 2024)Posted in MaaSTagged Cubic, MaaS Global, Sampo Hietanen

Sampo Hietanen, founder and CEO of Finland-based MaaS Global agrees with most other industry experts that public transit should form the “core” of the mobility services on offer in any…

Preview Article

Cubic: Recent MaaS Company Failures among Signs Pointing to Need for ‘MaaS 2.0’

by Dan BalabanPosted on July 12, 2021 (July 26, 2021)Posted in MaaSTagged Cubic, Kyyti, MaaS Global

There is little disputing the fact that mobility as a service has not yet lived up to its hype. And the industry’s largest automated fare collection system provider, Cubic Transportation…

Preview Article

Cubic Makes Major Platform Play, Responding to New Competitors

by Mobility Payments StaffPosted on July 7, 2021 (July 7, 2021)Posted in New Takes-UmoTagged Cubic

U.S.-based Cubic Transportation Systems–known for building big bespoke fare-collection systems for such major cities as London, New York, Chicago and Sydney–has begun rolling out its Umo platform, targeting small to…

Preview Article

Tag: Cubic

U.S. Agency Approves Sole-Source Contract for Cubic, Asserting It Would Save 30% by Avoiding Competitive Procurement

U.S. Transit Agency to Overhaul Fare System; Plans to Keep Incumbent Vendor Cubic with No-Bid, 5-Year Contract

Tip Sheet: Cubic’s Listening Tour; Novel RFP in Montreal; Delays in Sydney; ‘Next Steps’ for Ireland

Cubic Hires New ‘Chief Growth Officer;’ Replaces Head of Business Development

New Cubic President Fires Former Top Engineer Considered Protégé of Ex-President

Torrellas Takes Over as President of Cubic Transportation Systems; Can He Get Vendor Back on Track?

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

MaaS Global CEO: Transit Agencies Should Not Control MaaS Platforms

Cubic: Recent MaaS Company Failures among Signs Pointing to Need for ‘MaaS 2.0’

Cubic Makes Major Platform Play, Responding to New Competitors

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

Several Vendors Considering Submitting Bids for Miami’s New Fare-System Back Office

Tip Sheet: Fare Project is Back in Abu Dhabi; Agency Adds Equipment to new Tender Request

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’

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

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

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