Win for Cubic and Transport for London Win the Rail Business Awards

Cubic Transportation Systems (CTS) and Transport for London (TfL) have been awarded the Technological Innovation award at the UK’s18th annual Rail Business Awards, which recognises excellence and innovation in the United Kingdom’s rail sector. Launched in 2012, the contactless bankcard system was extended in 2014 to cover London’s entire transport network, including Tube, rail, bus and tram services. Since the introduction of the contactless payment scheme, more than 350 million contactless journeys hav
March 4, 2016 Read time: 1 min
378 Cubic Transportation Systems (CTS) and 1466 Transport for London (TfL) have been awarded the Technological Innovation award at the UK’s18th annual Rail Business Awards, which recognises excellence and innovation in the United Kingdom’s rail sector.

Launched in 2012, the contactless bankcard system was extended in 2014 to cover London’s entire transport network, including Tube, rail, bus and tram services. Since the introduction of the contactless payment scheme, more than 350 million contactless journeys have been made across the network.

Cubic says that more than one million journeys are made on London’s transport system using contactless bankcard payments every weekday. In addition, bankcards from more than 80 countries are used on the London system, bringing a new level of convenience for the millions of visitors who visit London each year.

Related Content

  • March 16, 2018
    Cubic wins supplier of the year award in London
    Cubic Transportation Systems (CTS) has been named Transport Supplier of the Year at the London Transport Awards 2018 for its relationship with Transport for London (TfL). The ceremony’s judging panel aims to recognise excellence in transport and reward innovation and progress for transport initiatives in the city. Shashi Verma, chief technology officer for TfL, said: “We are delighted for Cubic to be recognized through the Supplier of the Year Award. Our work with Cubic to deliver Oyster and contactless
    Read More
  • February 2, 2015
    Cycling in London grows by ten per cent
    London’s cycling revolution accelerated last year, with 2014 seeing new records for usage of the capital’s cycle hire scheme and overall cycling on the Transport for London (TfL) road network. Across the TfL road network, London’s main roads, cycling levels in quarter 3 of 2014/15 (14 September to 6 December) were ten per cent higher than in the same quarter the previous year and the highest since records began in 2000. It was the fifth record quarter in a row. By the end of 2014/15, TfL forecasts a 12 p
    Read More
  • 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
    Read More
  • September 15, 2015
    EIB backing for London transport
    The European Investment Bank (EIB) has agreed to provide US$1.5 billion for investment in the London transport network. The 35 year loan from Europe’s long-term lending institution will support major projects, including significant upgrades by Transport for London (TfL) at Victoria and Bank Tube stations, which will transform passenger access at two of the busiest stations in the capital. The new support was announced by Jonathan Taylor, vice president of the European Investment Bank and Steve Allen, ma
    Read More

Highlighted Content