Member Login

New system will be the first full-scale open payment system in the world and the largest ever automated fare collection contract placed in North America

San Diego, Calif., November 17, 2011–Cubic Transportation Systems, a business unit of San Diego-based Cubic Corporation (NYSE: CUB), has been selected for contract award by the Chicago Transit Authority (CTA) to integrate, deliver, operate and maintain the agency’s next-generation open payments system that will accept bank cards and, ultimately, mobile phone payments. The contract has an estimated value of $454 million, making it the largest automated fare collection contract ever placed in North America. Cubic will operate and maintain the entire system, resulting in an overall 12-year partnership between Cubic and the CTA.

Open standards system will improve convenience for customers, save money

November 15, 2011– The Chicago Transit Board today approved an agreement to implement a new, open standards based fare-collection system that will benefit customers, improve operations and save money for the Chicago Transit Authority.

Princeton Junction, N.J., November 14, 2011–With several major cities actively pursuing open payment solutions for their transit systems, the Smart Card Alliance Transportation Council today introduced a series of new educational resources on the topic, including a white paper, web resources, and LinkedIn group for industry professionals.

Enhancements deliver richer customer experience, added revenue opportunities for transit agencies

San Diego, California, November 3, 2011–Fare cards aren’t the only products that Cubic Transportation Systems’ self-service ticketing machines are delivering now that the company has integrated high-resolution video displays in its next-generation machines for public transit. According to the company, a subsidiary of San Diego-based Cubic Corporation (NYSE:CUB), transit agencies will be able to offer video advertising, information, marketing, direction maps and other messages directly at the point of purchase, adding a new channel for high-traffic generating agencies to attract additional revenues, as well as to get more useful information in front of customers.

EMV Migration, NFC and Open Transit Payments to Headline Agenda

Princeton Juncton, N.J., October 18, 2011–The Smart Card Alliance today announced that its Payments Summit will return for 2012 with an ”all payments” agenda, covering every leading transaction platform: EMV card payments, mobile payments, and transit payments. The event will be held February 8th through the 10th, 2012 at the Hilton Salt Lake City Center in Salt Lake City, Utah. Registration, sponsorship information, and speaking proposal forms are available on the 2012 Payments Summit event page.

Smart Fare Payment Using Open Payment Contactless EMV Bank Cards, Account-Based Cards and Existing Closed-Loop Transit Smart Cards, All on One Innovative Device

San Diego, CA, Oct 17, 2011–Cubic Transportation Systems, Inc., the transportation unit of Cubic Corporation (NYSE: CUB), has received approval from the top four bank card brands for the Tri-Reader 3 to process their branded contactless EMV bank cards for use in public transit revenue management systems. Cubic has equipment and systems supporting seven of the top 10 largest public transit markets in the United States, United Kingdom and Australia as well as other major markets around the world.

Chantilly, VA, October 13, 2011–Oberthur Technologies, a world leader in the field of secure technologies, today announced that a free, one-hour webinar is being held for U.S. banking industry leaders to provide information and insights on the latest payment technologies including NFC, EMV and On-line Authentication.

Abu Dhabi, Casablanca and Mexico City to Install New Customer Transit Payment Systems

Dallas, October 12, 2011–Abu Dhabi, Casablanca and Mexico City are turning to ACS, A Xerox Company (NYSE: XRX), to make their public transit payment systems more efficient and convenient for millions of riders.

Voters can also win an Apple iPad2, taking place in Cubic’s Booth 721, Hall D

APTA Expo, New Orleans, Oct. 3, 2011–Attendees at the American Public Transportation Association (APTA) EXPO 2011 will determine the $2,000 Front Runner Award winner in the “I Heart My Card” video contest, sponsored by Cubic Transportation Systems, a subsidiary of San Diego-based Cubic Corporation (NYSE:CUB) and the world’s leading solution provider of automated fare collection systems for public transport. Voting will take place at APTA in Cubic’s booth 721, Hall D of the Ernest N. Morial Convention Center in New Orleans from October 3-5. EXPO attendees who cast a vote will be entered into a drawing to win an iPad2.

Dallas , Sept. 28, 2011–Building on a successful first-of-its-kind program, NJ TRANSIT riders can now simply wave or tap their credit or debit cards on twice as many bus routes, including buses traveling to different zones in the system.