Article Highlights
Cubic’s new start-up-oriented Mobility Essentials business unit includes a planned open-payments product, in addition to the existing Umo SaaS-ticketing platform Umo. The new unit is separate from Cubic’s main system integration business, which has struggled to win new competitive procurements.
At present, the vast majority of Umo’s roughly 70 live transit agencies on its ticketing platform are small North American municipal bus operators.
• Cubic
• Littlepay
• Optibus
• MBTA (Boston)
• TfL (London)
• TfNSW (Sydney)
Cubic Transportation Systems’ new business unit, Mobility Essentials, which will oversee the vendor’s software-as-a-service ticketing platform, Umo, will also offer an open-loop payments product that has yet to launch, Mobility Payments has learned.
The vendor has put the new business unit within what it now calls its “Cubic Transportation Ventures”
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