Show your support by donating any amount. (Note: We are still technically a for-profit company, so your
contribution is not tax-deductible.)
PayPal Acct: 
Feedback: 
Donate to VoyForums (PayPal):
| [ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, [4], 5, 6, 7, 8, 9, 10 ] |
| Subject: Re:Keycorp--CubicStrategic AllianceJuly 6, 2000 MOUglobal scale, | |
|
Author: will be rolled out in 2002, card platform.”collab |
[
Next Thread |
Previous Thread |
Next Message |
Previous Message
]
Date Posted: 00:38:15 12/28/02 Sat In reply to: Queensland, Western Australia, Brisbane City Council 's message, "Re:Keycorp---MultosThe ACT, Centrelink, NT, Tasmania,cards that can operatethroughout Australia." on 00:30:54 12/28/02 Sat Cubic And Keycorp To Join Forces In A Strategic Alliance ----------------------------------------------------------- San Diego, Calif., July 6, 2000 – Cubic Transportation Systems, Inc., a subsidiary of San Diego based Cubic Corporation (AMEX: CUB), and Australian electronic commerce and smart card company, Keycorp Limited (ASX: KYC), are joining forces to deliver integrated payment solutions across Australia’s transit and financial services markets, with the potential to expand joint service offerings to the broader global market. ------------------------------------------------------------ In announcing the signing of a memorandum of understanding, Keycorp and Cubic executives were enthusiastic about the many domestic and international opportunities on the horizon. Keycorp is slated as a major supplier to Cubic for two large Australian programs currently in the procurement process in Sydney and Brisbane. ----------------------------------------------------------- The Sydney Integrated Ticketing System (ITS) will link the region’s rail, bus and ferry services to a common contactless smart card. Similarly in Brisbane, an integrated ticketing initiative is in progress which would include smart card based ticketing for rail, bus and ferry operators, as well as extensions into regional parking facilities. ----------------------------------------------------------- Cubic is a co-principal in the SMARTPOS consortium, which also includes the Commonwealth Bank of Australia, EDS Australia, and Philips Electronics Australia, participating in the tender for these programs. ----------------------------------------------------------- Commonwealth Bank is Keycorp’s largest shareholder and has placed over 100,000 Keycorp terminals in merchant locations throughout the country. Cubic and Keycorp have, among other things, collaborated on a design which will introduce ticket sales functionality to the Keycorp terminal with the ticket digitally encoded on contact and contactless smart cards. ------------------------------------------------------------ The companies envisage that their agreement will include the development of further advances in ticket functionality for mobile points of sale, the manufacture of transit devices for Cubic in Australia, and the integration of Cubic web-based ticket sales facilities with Keycorp virtual payment networks, as well as collaboration on a “ticketing-enabled multi-application card platform.” ----------------------------------------------------------- Keycorp CEO Michael Thomes said, “This is an exciting alliance, bringing together Keycorp’s expertise and leading solutions in the transaction payment services area with Cubic’s success in providing automated transit ticketing systems infrastructure. ----------------------------------------------------------- “Both companies have enviable market positions, with a large installed base of infrastructure and the most reliable and secure payment solutions. The alliance will enable both companies to leverage their expertise to offer highly innovative solutions and deliver significant payment infrastructures to existing and new customers.” ------------------------------------------------------------ The Cubic – Keycorp alliance represents an important teaming of technological strengths in the delivery of payment infrastructure, which offers added value in terms of sales and distribution channels, and a built-in marketing platform. ------------------------------------------------------------ “Together, Cubic and Keycorp can offer a complete products and services portfolio, including smart card solutions, retail and transit payment terminals, web access devices, virtual payment networks, and e-commerce transaction solutions,” said David deKozan, Cubic Transportation Systems vice president, strategic planning. “The two companies have compiled extensive histories in integrating solutions for retail, Internet and transport payment networks, as well as the ability to support the stringent security requirements for multi-application, MULTOS-based projects.” ----------------------------------------------------------- While focusing initially on Australia, Keycorp and Cubic are eyeing opportunities to deliver their alliance-based solution on a global scale, including the United Kingdom, the United States, and the broader Asia Pacific region. In the United Kingdom, Cubic currently is teamed with members of the TranSys consortium to deliver the PRESTIGE project – London Transport’s smart card-based ticketing system which will unify to one card the London Underground and the city’s 30 independent bus operating companies. ----------------------------------------------------------- The “New Ticket Medium” as it is called will be rolled out in 2002, and the supporting system will likely evolve into a multi-application environment for which transport serves as the foundation. [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| Re:http://www.birches.org/dgwb/pubs/ftvfr/022multiapp310.pdf | http://www.birches.org/dgwb/pubs/ftvfr/022multiapp310.pdf | 00:43:49 12/28/02 Sat |
|
||