Transport for London Archives - Page 2 of 4

London Contract Award Decision Imminent; Cubic Faces Challenge from Spain’s Indra

by Dan BalabanPosted on July 11, 2025 (February 24, 2026)Posted in Closed LoopTagged Editor's Choice, Transport for London

Transport for London’s finance committee is scheduled to take a key vote on the proposed award of the agency’s new revenue-collection contract on Monday. The much-anticipated contract decision is expected…

Preview Article

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

by Dan BalabanPosted on June 9, 2025 (August 8, 2025)Posted in Closed LoopTagged Editor's Choice, Transport for London

Transport for London is expected to soon announce its long-awaited award of a major fare-system contract–choosing between two vendors, including incumbent Cubic Transportation Systems–Mobility Payments has learned. The contact for…

Preview Article

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 (July 7, 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.…

Preview Article

Calls Unheeded? Transport for London Says Certain Merchant Fees Rising Despite Complaints

by Dan BalabanPosted on November 22, 2024 (January 26, 2025)Posted in Open LoopTagged Transport for London

Nearly nine months after open-loop payments pioneer Transport for London sent an unmistakable signal to banks and payments schemes that it was unhappy about rising transaction fees, not much appears…

Preview Article

As Use of Digital Wallets Grows with Open Loop, Transport for London and other Agencies being Hit by ‘Retokenization’ Fraud

by Dan BalabanPosted on May 23, 2024 (May 24, 2024)Posted in Open LoopTagged Fraud, Transport for London

Digital wallets are fast becoming the preferred method of payments for transit riders using open loop, with some major agencies recording well over half of their open-loop transactions coming from…

Preview Article

Three Big Agencies Say Devices Starting to Dominate Cards for Open-Loop Payments

by Dan BalabanPosted on March 25, 2024 (April 17, 2024)Posted in Open LoopTagged Editor's Choice, MTA, Sydney, Transport for London

Figures from three of the largest transit agencies accepting open-loop payments show that NFC wallets are becoming the most common way customers tap their credit and debit cards to pay,…

Preview Article

Tip Sheet: Vix Chief Ross Dismisses Talk of Merger with Kuba

by Dan BalabanPosted on March 13, 2024 (March 24, 2024)Posted in Closed LoopTagged Editor's Choice, Tmoney, Transport for London, Vix Technology

Vix Technology CEO Aaron Ross told Mobility Payments that even though he will continue to head up both Vix and Kuba and that the two fare vendors share a private…

Preview Article

Tip Sheet: Transport for London Criticizes Payments Industry for Rising Fees and Higher Fraud Losses

by Dan BalabanPosted on March 5, 2024 (March 19, 2024)Posted in Open LoopTagged Transport for London

Transport for London contactless payments

Complaining of rising transaction fees and higher fraud, Transport or London today suggested that actions by banks and payments schemes threatened to kill the “golden goose” of contactless fare payments…

Preview Article

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…

Preview Article

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

Preview Article

Tag: Transport for London

London Contract Award Decision Imminent; Cubic Faces Challenge from Spain’s Indra

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

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

Calls Unheeded? Transport for London Says Certain Merchant Fees Rising Despite Complaints

As Use of Digital Wallets Grows with Open Loop, Transport for London and other Agencies being Hit by ‘Retokenization’ Fraud

Three Big Agencies Say Devices Starting to Dominate Cards for Open-Loop Payments

Tip Sheet: Vix Chief Ross Dismisses Talk of Merger with Kuba

Tip Sheet: Transport for London Criticizes Payments Industry for Rising Fees and Higher Fraud Losses

Can Transit Agencies Save Money with Open-Loop Payments?

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

Tip Sheet: Could Cubic Lose Another Big Contract in Vancouver?

Cubic Corp. Hires Transportation Industry Veteran to Turn Around Its Troubled Fare-System Vendor

Updated: Modaxo Completes Acquisition of Conduent Transit Unit; Renames Fare Business ‘Novvan’

Cubic and Moovel Intend to Protest Recommendation in Miami for $42 Million Contract Award to Masabi

U.S. Federal Rules Surface Again as Issue for Transit Agencies Outside California Buying Open-Loop Technology through Cal-ITP

Tip Sheet: Could Cubic Lose Another Big Contract in Vancouver?

Cubic Corp. Hires Transportation Industry Veteran to Turn Around Its Troubled Fare-System Vendor

Cubic and Moovel Intend to Protest Recommendation in Miami for $42 Million Contract Award to Masabi

Barcelona Transport Authority Sets Date for Launch of Open-Loop Payments…Again; Can It Make It This Time?

Miami-Dade County Recommends Masabi for Back Office Deal; If Approved by Board, Debt-Strapped Cubic Would Lose Another Contract as Incumbent