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

  • Crossrail project receives US$814 million EIB funding
    December 16, 2013
    The European Investment Bank (EIB), Europe’s long-term lending institution, has provided further funds to support the latest step in Crossrail’s development with a loan of up to US$814 million to Transport for London (TfL). The facility will be used for financing a fleet of new high-capacity air-conditioned trains as well as a new maintenance depot. Finance contracts were signed in London this week by Steve Allen, TfL’s Managing Director Finance and Jonathan Taylor, European Investment Bank Vice President.
    Read More
  • ITS initiatives provide travel information for disabled passengers
    December 4, 2012
    David Crawford investigates initiatives and issues in travel information for disabled passengers. World Health Organisation estimates suggest that 10% of the global population live with a disability. This can impact directly on their mobility, with implications for their independence; keeping active; and travelling to work, education and social activities; as well as the accessibility of information necessary to aid mobility. The EU-supported ‘CARDIAC’ project (Coordination Action in R&D in Accessible & Ass
    Read More
  • American Traffic Solutions Awarded Procurement Agreement with Houston-Galveston Area Council
    May 2, 2017
    US enforcement camera supplier American Traffic Solutions (ATS) has been awarded the exclusive contract to provide red-light, speed and school bus stop-arm safety cameras to members of the Houston-Galveston Area Council's (H-GAC) co-op program HGACBuy. The two-year contract been awarded under the Traffic Control, Enforcement and Signal Pre-emption Equipment Contract PE05-17. HGACBuy is active throughout the US and provides more than 6,000 members with 40 major categories of products and services from more t
    Read More
  • MaaS Market Conferences on both sides of the Atlantic in 2018
    December 20, 2017
    Momentum shift in prospect as authorities accelerate plans to rethink transport provision. TS International’s second, two-day international MaaS Market conference takes place on 20 and 21 February 2018. The Mobility as a Service (MaaS) event is ideal for all organisations exploring new ways of getting people to their destination and new methods for them to pay for transport services.
    Read More

Highlighted Content