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

  • Cubic to be bought for $2.8bn
    February 8, 2021
    CTS owner is expected to be sold to private equity firms by the end of June this year
  • New Zealand company wins London pedestrian crossing equipment contract
    March 22, 2012
    New Zealand road signal company Traffic Systems has won a contract to supply Transport for London (TfL) with pedestrian crossing equipment. It is one of two companies that have been selected to provide countdown timers for some 6,000 intersections in England’s capital. The company’s initial order, its first international contract, is for 300 units. However, Andrea Ransley, co-owner of Traffic Systems, says she is confident of further orders and says the deal is potentially worth tens of millions of dollars.
  • Uber wins right to challenge TfL’s English language requirement
    September 2, 2016
    Uber has won the right to challenge a Transport for London (TfL) rule which would require some of its drivers to pass an English language test. Announced by TfL last year and due to take effect from 1 October, the rule would mean that drivers who are not from English-speaking countries would have to take an English reading, writing and listening test, which TfL said was ‘in the interests of public safety’. Uber had previously supported the test, but now argues it is too rigorous and costly.
  • DG MOVE’s Christos Economou on the EU’s vision for road transport
    July 26, 2013
    Christos Economou, Deputy Head of Unit dealing with land transport within the European Commission’s DG MOVE, describes a new framework for road charging in Europe to Jason Barnes. Within the European Union (EU), two Directives shape the legislative framework on road charging. Directive 1999/62/EC sets up a number of rules to make sure that national road charging schemes do not distort competition on the internal market or discriminate between hauliers. It is misleadingly called ‘Eurovignette’ after the comm