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.

Related Content

  • March 13, 2018
    Cubic Transportation Systems extends Opal payment system trial
    Cubic Transportation Systems’ (CTS’) business division and Transport for New South Wales will extend its trial of contactless ticketing across the entire Sydney ferry and light rail network. The project aims to allow users to purchase one-off fares quicker and easier while also allowing them to pay for journeys using American Express and Visa cards. More than 15,000 passengers are estimated to have used their Mastercard to tap on and pay for travel across Sydney harbour since the trial began on the Manly
  • October 27, 2017
    Cubic wins contract from MTA to replace MetroCard with new fare payment system
    Cubic Transportation Systems (CTS) has been chosen for a contract valued, $539.5 million (£409.4 million) with additional options worth $33.9 million (£25.7 million), by the New York Metropolitan Transportation Authority (MTA) to replace the MetroCard with a fare payment system similar to Transport for London (TfL). The new system is designed with the intention of providing an enhanced and integrated travel experience across the region including seamless access to Long Island Rail Road (LIRR) and Metro-Nort
  • April 22, 2016
    Abellio and Cubic Win at the SmartRail Europe Innovation Awards
    Abellio Greater Anglia, a subsidiary of transport provider Abellio Group, and Cubic Transportation Systems (CTS) have been awarded Product Innovation of the Year at the SmartRail Europe Innovation Awards 2016. The award, announced April 19 in Amsterdam, recognizes the best and most innovative products in the rail and metro industry.
  • September 5, 2017
    TfL commences consultation on cashless trams
    Transport for London (TfL) has begun an eight-week public consultation on plans to make trams in London ‘cashless’. The proposal would see existing cash ticket machines, which only sell a small number of the more expensive paper tickets every week and do not allow customers to top-up their Oyster card, removed from the tram network. As the ticket machines, which were installed when the tram system opened in 2000, have such low usage and have now reached the end of their useful life