Conduent, a major fare-system vendor, may again be shopping for a buyer for its fare-collection business, sources told Mobility Payments, though the company has not announced it is planning to sell the unit, and a spokesman did not respond to a request for comment.
The U.S.-based vendor famously did an about-face in 2022, with the company putting its transportation segment out for a possible IPO or sale, only to take the segment off the market after four months.