Text of Letter to Top Official in Melbourne Details Cubic Attack on Conduent’s Credentials
Top Cubic executives accused government procurement officials in Melbourne of failing to independently verify rival Conduent's credentials, contending that this was a key reason Cubic lost a 15-year, AU$1.7 billion (US$1.1 billion) fare-system contract to its rival.
U.S. Transit Agency Swaps Out Validators after Supplier Misses Bid Deadline by Three Hours
The first transit agency to pilot open-loop payments under an unconventional procurement program backed by the U.S. state of California is set to make the payments service permanent starting this month.
Debate Panel Split on Whether Transit Agencies Should Support Concessions with Open Loop
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?
‘Frankly Outrageous’: Open-Loop Pioneer Says Interchange Fees for Transit Agencies Too High, Especially in U.S.
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 UK and European Union to reduce fees agencies pay.
Mastercard to Use E-Wallet to Try to Gain Foothold in Vietnam for Open Loop
Mastercard is seeking to gain a foothold in Vietnam for open-loop fare payments, helping to fund a launch this summer on 200 public buses in Ho Chi Minh City.
Verma: Transport for London’s Success with Contactless Payments Can be Replicated by Other Agencies–with Conditions
With at least 3 million contactless journeys per day accounting for more than 60% of pay-as-you-go transactions, Transport for London runs what is believed to be the largest open-loop payments services globally.
Supporting Concessionary Discounts with Open Loop ‘Remains a Challenge’
While more and more transit agencies globally are enabling their customers to tap credit and debit cards and NFC wallets to pay fares, there are obstacles limiting growth.
Second Bidder Questions Procurement Practices behind Melbourne’s 15-Year Fare-System Contract Award
A second unsuccessful bidder for Melbourne’s large 15-year AU$1.7 billion (US$1.1 billion) fare-system contract is reportedly raising questions about the procurement process, contending that its bid came in well under that of the winning supplier, among other concerns.
Another Italian City to Launch Open-Loop Payments; Will Use Validators from Conduent
Another Italian city is moving to open-loop payments, with Azienda Trasporti Verona, or ATV, buying EMV-enabled validators from U.S.-based supplier Conduent.
Second Michigan Transit Agency Plans to Launch Open-Loop Payments; Set to Hire SaaS Ticketing Provider
A second transit agency in the U.S. state of Michigan plans to introduce open-loop payments, hiring a software-as-a-service vendor to roll out the service.