Skip to main content

Cubic and Transport for London recognised for innovation at London First Awards

Cubic Transportation Systems Transport for London received the London First Award for Innovation at the London First Awards for bringing contactless bankcard technology to public transit in the capital. London First, of which Cubic is a member, is a non-profit organization that promotes business interests in London. Launched in 2012, the contactless bankcard system was extended in 2014 to cover London’s entire transit network, including Tube, rail, bus and tram services. Since the introduction of the
January 30, 2017 Read time: 1 min
378 Cubic Transportation Systems 1466 Transport for London received the London First Award for Innovation at the London First Awards for bringing contactless bankcard technology to public transit in the capital.

London First, of which Cubic is a member, is a non-profit organization that promotes business interests in London.

Launched in 2012, the contactless bankcard system was extended in 2014 to cover London’s entire transit network, including Tube, rail, bus and tram services. Since the introduction of the contactless payment scheme, more than 800 million contactless journeys have been made across the network. In 2016, Cubic and TfL agreed on a licensing deal for the use of London’s contactless ticketing system worldwide.

For more information on companies in this article

Related Content

  • TfL and Clear Channel team on interactive London bus stop
    March 28, 2014
    Transport for London (TfL) has partnered with media and advertising company Clear Channel UK to trial a real-time mapping tool at a Regent Street, London, bus stop. The new mapping tool, said to be the first of its kind to operate in a UK bus shelter, was developed and funded by Clear Channel to coincide with the Year of the Bus - a celebration of both the heritage of London buses and a look ahead to their future.
  • Perth, Australia to get Parkeon’s real time tracking bus tracking
    July 28, 2014
    Ticketing technologies company Parkeon is playing a key role in a multi-million dollar public transport project in Perth that will provide real-time journey tracking for passengers, along with Australia’s first underground dynamic bus stand allocation system. The real time tracking system (RTTS) forms a significant part of the contract awarded by the Western Australia Public Transport Authority to Downer EDI Engineering Power. It is being delivered by Parkeon as part of its latest ticketing platform and
  • Use of US public transport increases
    December 19, 2014
    More than 2.7 billion trips were taken on US public transportation in the third quarter of 2014, according to a report released today by the American Public Transportation Association (APTA). This is a 1.8 per cent increase over the same quarter last year, representing an increase of more than 48 million trips and the highest third quarter ridership since 1974 (the oldest third quarter APTA has available for comparison). Some public transit systems that reported record third quarter ridership for their
  • Masabi releases account-based ticketing solution
    June 18, 2019
    Masabi has launched Justride Validator, a ticketing device which it says will make account-based ticketing available for transport authorities of any size. Brian Zanghi, CEO of Masabi, says passengers are expecting to be able to use contactless bank cards and smart devices for ticketing. “However, the reality is that the hardware requirements have made it cost-prohibitive for many transit authorities around the globe,” he continues. “By failing to make tap and ride ticketing accessible to all transport