Cubic This Week Sees Transit Boards Act on Its Contracts in Four Major U.S. Cities–the Results were Mixed at Best
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 was not a particularly good week for Cubic.
The week started off badly for the vendor on two coasts, in New York and San Francisco.
As Use of Digital Wallets Grows with Open Loop, Transport for London and other Agencies being Hit by ‘Retokenization’ Fraud
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 mobile devices, as Mobility Payments reported.
But for at least the past couple of years, agencies have been vexed by a certain type of fraud based on
California Open-Loop Procurement Program Notches Second Out-of-State Project, but Overall Take-Up Remains Low
After more than two years, the California Integrated Travel Project, or Cal-ITP, is still seeing low orders from transit agencies and minimal open-loop transactions, but the program did notch its second project outside of California, Mobility Payments has learned.
Among recent records obtained by Mobility Payments show a validator order for
In-Depth: New York’s MTA Takes Away Part of OMNY Project from Cubic; Seeks Completion of Rollout by Close of 2025
New York transit authority MTA today took a key part of its high-profile OMNY fare system away from its main technology vendor, Cubic Transportation Systems, as it seeks to complete OMNY over the next 18 months.
The board of the Metropolitan Transportation Authority today gave final approval to a proposal to modify
LA Metro Staff Faces Tough Questions from Board Members Over Proposal to Hire Cubic with No-Bid Contract Upgrade
Los Angeles County Metro staffers faced some tough questions Wednesday from members of a board committee, who grilled them on a staff proposal to award incumbent vendor Cubic Transportation Systems a no-bid, $66.4 million, contract upgrade to roll out open-loop payments and account-based ticketing.
The Finance, Budget and Audit Committee declined to take a vote to endorse the proposal before it goes
LA Metro Seeks to Launch Open-Loop Payments in Time for World Cup in 2026; Plans to Hire Cubic with No-Bid Contract Upgrade
Los Angeles County Metro is proposing to launch open-loop payments in early 2026, in time for the FIFA World Cup, which the city will co-host in June and July of that year–a tight deadline to hit. Metro also wants to later be ready with open loop and account-based ticketing when Los Angeles hosts the Olympic Games in 2028.
A Metro staff proposal–which would give incumbent supplier Cubic Transportation Systems a sole-
Las Vegas Agency Wagers Open Loop will Pay Off, Despite High Interchange and Other Transaction Fees
The Regional Transportation Commission of Southern Nevada collects cash for well over half the rides it delivers on its 400 buses that ply the Las Vegas Strip and other parts of its service area of more than two million people.
RTC knows it will never eliminate cash on board its fleet, with many of its more than 50 million annual
Athens Transport Operator Seeks to Roll Out Open Loop Throughout Greek Capital by Retrofitting Thousands of Validators
Transport operator OASA is set to make Athens the latest European capital to roll out open-loop payments, joining London, Rome, Madrid, Amsterdam and Stockholm, along with a number of other major cities in Europe–but with a difference.
OASA is not replacing its 8,000 validators to accept credit and debit cards and card credentials in NFC
Cubic Confirms It Outscored Indra on Technical Points, Despite Losing Big Contract in 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 Payments has learned.
The contract award secured by Indra is worth €243.6 million (US$260.1 million), according to an official
Indra Confirms Win of Large Fare-System Contract in Ireland, Beating Out Cubic and Conduent
Spain-based Indra, as expected, today was named the winner of Ireland’s large fare-system contract, topping the other two short-listed vendors, Cubic Transportation Systems and Conduent Transportation– on the strength of what Mobility Payments learned was a very low price bid by Indra. Mobility Payments had earlier named Indra as the likely winner.
Indra announced the long-delayed award today, saying the contract was worth “hundreds of millions of