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

March 4, 2016

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
October 9, 2015

Transport for London and Cubic scoop another major ticketing award

Cubic Transportation Systems (CTS) and Transport for London (TfL)’s contactless bankcard system have been awarded the Most Innovative Transport Project prize at the recent National Transport Awards, the seventh major award this year for Cubic and TfL’s contactless system. 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 180 milli
July 14, 2016

TfL and Cubic agree to licence London’s contactless ticketing system for use worldwide

Transport for London (TfL) has announced its contactless ticketing system is set to be used by other major cities across the globe as part of a deal worth up to US$20 million (£15 million, which will be used to help deliver a fares freeze that the Mayor of London, Sadiq Khan has announced across TfL services for the next four years. TfL signed a deal with Cubic Transportation Systems (CTS), allowing them to adapt the capital’s contactless ticketing system worldwide. It is the first of a number of plann
July 30, 2014

Cubic awarded London ticketing contract

Transport for London (TfL) has confirmed the award of its Electra ticketing and fare collection contract, starting in August 2015, to Cubic Corporation’s UK subsidiary Cubic Transportation Systems following a competitive tender. The seven-year contract is valued at over US$700 million and includes an option to extend the contract for a further three years, giving the contract an expected value of over US$1 billion. The announcement means the continuation of the partnership between TfL and Cubic which ha
boombox1

Highlighted Content

boombox2