Monext outlines digital transportation challenges at CARTES

For a chairman of the Ford Motor Company to suggest that owning private vehicles could become impractical or even undesirable sounds crazy. That, however, is what Bill Ford proposed in 2012. He imagined a future where every form of transport, from bicycles to cars and public transport would be woven into a connected network.
November 5, 2014 Read time: 2 mins

For a chairman of the Ford Motor Company to suggest that owning private vehicles could become impractical or even undesirable sounds crazy. That, however, is what Bill Ford proposed in 2012. He imagined a future where every form of transport, from bicycles to cars and public transport would be woven into a connected network.

This vision requires car makers to partner with the telecommunications industry to create transport networks within cities. Apple is looking at iOS-based cars while Google is considering Android-based vehicles. Ultimately, computerised, driverless cars are just over the horizon.

Even today, new forms of transport, such as real-time ride-sharing are a reality. Last year, French ride-sharing company BlaBlaCar transported more passengers between Paris and Strasbourg than its parent group, French railway giant SNCF, did with its TGV high-speed trains.

These changes have an effect on payments and KYC. New forms of transportation require secure electronic transactions, such as real-time driver licence checks or car doors that can be unlocked by mobile devices.

‘Take care: transportation is going digital.’ Loic Dequay, innovation manager, Monext,
14:30 – 15:00, Room 4.

Related Content

  • Mobility itself is moving says cubic
    June 9, 2015
    Cubic’s Chris Bax looks at the challenges and benefits of implementing transport as a service. Imagine paying for travel in exactly the same way you buy your phone service. For example, you would pay a set amount in exchange for a monthly travel package covering up to 100km of free taxi journeys in your home city (including a guaranteed 15 minute pickup) and public transport usage within a 1,500km radius of your home. Not only would this option be cheaper than owning and maintaining your own car, you would
    Read More
  • How MaaS and AVs can cut Oslo traffic
    June 17, 2019
    A new study shows that on-demand AVs and MaaS together could make a significant difference to traffic in Oslo, Norway – but only if ride-share is involved too If you replace today’s traditional private car ownership with a mixture of Mobility as a Service (MaaS) and on-demand autonomous vehicles (AVs) running door-to-door, you could make dramatic cuts in city traffic. That, at least, is the view of researchers from COWI and PTV, who have modelled a variety of future scenarios based on the morning rush h
    Read More
  • User-based insurance joins the battle for big data
    November 10, 2015
    User-based insurance is blazing a trail others would like to follow and is also discovering the challenges. The ITS sector needs to keep a very careful eye on the automotive industry: “There’s a war going on in the connected car space creating richer datasets than we ever imagined possible” says Paul Stacy, research and development director of Wunelli, part of the LexisNexis group. The car makers have gone way beyond infotainment, unlocking huge amounts of data in the process … facts and figures which the i
    Read More
  • Technology and finance shapes up to make MaaS happen
    June 7, 2017
    The technology and finance aspects needed for Mobility as a Service (MaaS) to become widely adopted are taking shape as Geoff Hadwick and Colin Sowman hear. Sampo Hietanen, CEO of MaaS Global and ‘father’ of MaaS, started his address to ITS International’s recent MaaS Market conference in London by saying: “All of the problems that can be solved by a company or group of companies have already been solved, and now we are left with the big ones such as housing, transport and health. He called MaaS the “Netfli
    Read More

Highlighted Content