Skip to main content

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.

For more information on companies in this article

Related Content

  • A better use for the UK’s commuter railways?
    February 4, 2015
    A new report by think tank the Institute of Economic Affairs looks at an alternative to expanding the rail network in the UK. The report, Paving over the tracks: a better use of Britain’s railways?, by Paul Withrington and Richard Wellings outlines how commuters could pay over 40 per cent less for their journeys and more passengers could enjoy the luxury of a seat if the industry was sufficiently liberalised to allow some commuter railways in London to be converted into busways. The success of the bu
  • West Midlands pilots the UK’s first MaaS
    November 14, 2017
    Mobility-as-a-Service is being piloted in the UK’s second largest metropolitan area and will shortly be opened to the travelling public. A fully operational Mobility-as-a-Service (MaaS) offering is being piloted in the West Midlands region of the UK. Covering seven local authorities which make up the West Midlands metropolitan area and population of 2.8 million, the service is being provided through a memorandum of understanding (MOU) between Transport for West Midlands (TfWM), Finnish company MaaS Global
  • Most Brits do not expect new transport tech anytime soon, says Fujitsu
    April 16, 2019
    Three-quarters of Brits do not expect to see artificial intelligence (AI), Internet of Things (IoT) or machine learning (ML) used in transport in the next five years, says Fujitsu. Eight out of 10 respondents to a survey for the Japanese tech firm also do not anticipate the use of facial recognition for security purposes in that time. Despite this, the British public welcomes new technology used in transport, with more than a third of respondents saying that technologies such as contactless payments
  • Moovit rolls out cross-region journey planning feature
    July 9, 2024
    Users can now plan shared transport trips between cities in the same country