Editor's Choice Archives - Page 6 of 11

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…

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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…

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With Less Than a Year to Go Before Olympics, will Paris Transit Authority be Ready with Ticketing?

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

Paris regional transit authority Île-de-France Mobilités, or IDFM, has promised to enable “100% of spectators to reach Olympic and Paralympic sites by public transport” next summer during the games. The…

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San Diego Transit Agency to Target Infrequent Riders with Open-Loop Payments–at Least at First

by Dan BalabanPosted on September 21, 2023 (January 6, 2024)Posted in Open LoopTagged California, Editor's Choice, MTS, San Diego

The San Diego Metropolitan Transit System, or MTS, and a smaller affiliated transit agency are planning to introduce open-loop payments in April–deep in the heart of car-centric Southern California. The…

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Cubic Appoints New President for Fare Business Division, as It Prepares for Possible Sale

by Dan BalabanPosted on August 25, 2023 (January 6, 2024)Posted in Closed LoopTagged Cubic Transportation Systems, Editor's Choice

Cubic Corp., the largest supplier of fare-collection systems globally, has hired a new top executive for its Transportation Systems division, appointing an executive from U.S.-based defense and infrastructure technology company…

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Can Transit Agencies Save Money with Open-Loop Payments?

by Dan BalabanPosted on July 13, 2023 (July 14, 2023)Posted in Open LoopTagged Editor's Choice, Transport for London

Transit agencies often offer open-loop payments mainly for convenience–that is, to enable their customers to tap to pay for fares with their credit and debit cards and NFC wallets without…

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Debate Panel Split on Whether Transit Agencies Should Support Concessions with Open Loop

by Dan BalabanPosted on July 7, 2023 (January 2, 2024)Posted in Open LoopTagged Editor's Choice, Transport for London

Transit agencies rolling out open-loop payments have an important question or two to answer: Should they include concessionary discounts with their open-loop service, and, if so, how? [...]Read More

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‘Frankly Outrageous’: Open-Loop Pioneer Says Interchange Fees for Transit Agencies Too High, Especially in U.S.

by Dan BalabanPosted on June 29, 2023 (July 6, 2023)Posted in Open LoopTagged Editor's Choice, Interchange, OVpay, Transport for London

Shashi Verma, chief technology officer for Transport for London and the driving force behind the agency’s landmark open-loop payments service, called for greater regulation of interchange rates outside of the…

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U.S. Agency Bypassed Low-Cost Suppliers in Awarding Fare-Collection System Contract

by Dan BalabanPosted on May 31, 2023 (June 1, 2023)Posted in Closed LoopTagged Editor's Choice, Utah Transit Authority

The Utah Transit Authority received responses from eight vendors to its request for proposal for a new fare system, with five of the vendors submitting lower cost bids than the…

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Special Report: How Much Has Open-Loop Payments Reduced Transport for London’s Cost of Fare Collection?

by Dan BalabanPosted on May 11, 2023 (December 27, 2024)Posted in Open LoopTagged Editor's Choice, Transport for London

Backers of open-loop payments routinely promise that transit agencies can save substantially on their fare-collection costs by rolling out open-loop payments. But the amount agencies can cut from their ticketing…

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Tag: Editor's Choice

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

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

With Less Than a Year to Go Before Olympics, will Paris Transit Authority be Ready with Ticketing?

San Diego Transit Agency to Target Infrequent Riders with Open-Loop Payments–at Least at First

Cubic Appoints New President for Fare Business Division, as It Prepares for Possible Sale

Can Transit Agencies Save Money with Open-Loop Payments?

Debate Panel Split on Whether Transit Agencies Should Support Concessions with Open Loop

‘Frankly Outrageous’: Open-Loop Pioneer Says Interchange Fees for Transit Agencies Too High, Especially in U.S.

U.S. Agency Bypassed Low-Cost Suppliers in Awarding Fare-Collection System Contract

Special Report: How Much Has Open-Loop Payments Reduced Transport for London’s Cost of Fare Collection?

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’

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?

Despite Nationwide Open-Loop Rollout, Netherlands Predicts Closed-Loop Card will Remain Most-Used Payments Method

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’

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