SAN DIEGO, April 19, 2018 /PRNewswire/ -- Cubic
Corporation (NYSE:CUB) today announced its Cubic Transportation
Systems (CTS) business division's senior solutions architect,
Andrew Tate, will speak on how
open payment and closed loop systems used by public transit
agencies can be adapted to tolling at the International Bridge,
Tunnel and Turnpike Association (IBTTA) Managed Lanes, AET &
Technology Summit from April 22 – 24
in Charlotte, North Carolina.
"Using Apple Pay and Google Pay to pay for products online or at
the store has been around for some time. More recently, transit
agencies are adding these options for pay-as-you-go services at the
point of travel as we've seen in Chicago and London," said Matt
Cole, president of CTS. "Other major metropolitan areas like
New York and Boston are on the horizon and it won't be long
before consumers will be pushing to use open payment options for
tolling."
Tate's presentation will explore how open payment systems are
utilized in transit and discuss what in-vehicle changes are needed
and how the tolling back office can be transformed into a mobility
service account to expand payment options for customers.
Tate will present at the following session within the "Back
Office Systems" technology track:
- Open Payment Systems:
Monday, April 23 at 10:30 a.m. – 12:00
p.m. (local time); Carolina Ballroom C-E of the Sheraton
Charlotte/Le Méridien Complex.
CTS will also demonstrate its tolling back office in the
Symphony Ballroom. The Cubic Tolling Back Office solution is
designed for multiagency use while giving each tolling authority
control over its own business rules, revenue apportionment and
general ledger. The solution lays a solid foundation for
account-based payment processing and customer services across
entire states or multistate regions for any number of agencies or
types of operators.
To join the social conversation, follow Cubic Transportation
Systems at @CubicTS or use #IBTTA.
About Cubic Corporation
Cubic is a market-leading,
technology provider of integrated solutions that increase
situational understanding for
transportation, defense C4ISR and training customers worldwide to
decrease urban congestion and improve the militaries' effectiveness
and operational readiness. Cubic Transportation Systems is a
leading integrator of payment and information technology and
services to create intelligent travel solutions for transportation
authorities and operators. Cubic Mission Solutions provides
networked Command, Control, Communications,
Computers, Intelligence, Surveillance and Reconnaissance
(C4ISR) capabilities for defense, intelligence, security and
commercial missions. Cubic Global Defense is a leading provider of
live, virtual, constructive and game-based training solutions,
special operations and intelligence services for the U.S. and
allied forces. For more information about Cubic, please visit the
company's website
at www.cubic.com or on Twitter
@CubicCorp.
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SOURCE Cubic Corporation