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ABT, M-Ticketing, EMV: the top trends in transport ticketing

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ABT, M-Ticketing, EMV: the top trends in transport ticketing

Key considerations to support the launch of next-generation ticketing solutions

Traveller expectations are at an all-time high. In the age of on-demand, mobile services and the convenience of ‘tap-and-go’ technology, the public transport industry is under increasing pressure to deliver the same, high-quality interoperable experience with its ticketing solutions.

While the pressure is on to deliver new services, the benefits of next-gen ticketing are many and wide-ranging. In a rapidly evolving, converging and advancing market, public transport players are faced with several opportunities to meet both the rising expectations of end-users and tap in to new revenue streams. For the transport ticketing market, the time to innovate is undoubtedly now.

However, navigating the latest trends and technologies can be a complex and technically exhausting challenge. To help make sense of it all, let’s take a closer look at the front-running trends in the next-generation ticketing race, the benefits and challenges of implementation, and the key considerations players in the transport market need to guarantee a successful project.

Come together: converging services, new form factors and making the move to MaaS

As the industry’s latest buzz-word, it’s hard to avoid the growing popularity of Mobility-as-a-Service, or MaaS. As services increasingly converge onto smartphones, there’s huge potential for transport operators to deliver greater convenience to travellers. In addition, by translating multiple transit solutions, adjacent and value-added services into one simple, seamless app, there’s huge potential for operators to generate new revenue streams.

So, how best to make the move to mobile?

Partnering with handset manufacturers and mobile network operators (MNOs) to deliver a near field communication (NFC) based solution is one option, but not the only one. Host Card Emulation (HCE) technology for example, can offer a simple, considerably more cost-effective NFC solution for those looking to remain independent of OEMs and MNOs. However, security remains vital and additional considerations, such as implementing tokenization, may also be needed.

Wearables are also tipped to have a potentially revolutionary effect on transit ticketing, enabling passengers to ‘tap’ their way through the transit network without touching their wallets or bags. But with knowledge limited on these solutions, ensuring their security, functionality and interoperability across the network poses a real technical challenge that requires unique expertise.

Account-Based Ticketing: easy as A-B-T?

With capacity to simplify maintenance logistics, improve security and ultimately reduce costs, account-based ticketing solutions are proving popular too. As the traveller’s funds are managed in the back-office account and ‘payment’ occurs automatically after travel, ABT gives travellers the flexibility to choose between several fare media to authenticate themselves with, whether that is a smartcard, mobile device or a wearable. What’s more, while solutions can be done in conjunction with EMV®*, account-based can also be developed independently of EMV, accommodating support for young and unbanked travellers.

To guarantee a successful implementation and realize the full scope of ABT benefits, operators need to ensure solutions are secure and fully interoperable across all fare-media, with the capacity to work effectively both offline and during instances of poor connectivity, managing risks.

Offering open-loop EMV® payments

Following the success of Transport for London’s (TfL) implementation and the increasing penetration of EMV globally, it’s not hard to see why many operators are following suit and upgrading their systems to offer open-loop EMV payments.

Accommodating EMV payments in public transport networks offers travellers greater flexibility, convenience and, as with all contactless-centric implementations, reduced queues and quicker throughput. From an operator perspective, this also translates into a reduced need for transit-specific travel cards, cutting manufacturing costs and the need for on-the-ground resource to support issuance. These benefits also readily serve tourist markets, enabling visitors to easily board the local transport network with a fare-media that’s already in their pocket.

Whilst proven, secure and widely adopted across the payments market, the EMV ecosystem is complex, with several players, technologies and guidelines. For public transport players looking to cash in, getting to get to grips with these complexities first is essential.

Deciding the next steps

The opportunities are evident, but to truly make the right choice in delivering high-quality ticketing systems, players need support right from the start of projects to fully evaluate their options. In-depth knowledge of the standards and requirements solutions must conform to, and how suitable these are to their respective systems will be key to a smooth and successful launch.

To truly realize seamless transport ticketing, open standards will also play an increasingly important role. Delivering interoperability and the capacity to transform the business models of the global ticketing industry, understanding and integrating these standards can deliver real value. Partnering with a business enabler helps you evaluate all of the options in line with your strategy. This ensures the quality of projects from the start, minimising unnecessary delays and guaranteeing a smooth, cost-effective path to market. A thorough testing and certification plan is also key to guaranteeing secure and interoperable solutions first time. During this implementation process, defining a robust quality assurance (QA) system will ensure your solution runs smoothly and efficiently, year after year.

The convergence of payments, mobile and transit holds exciting possibilities, but also increased risk. Expert technical consultancy, from implementation partners well versed in payments and developing new, innovative solutions across form factors, is essential.

Choosing a trusted implementation partner

With over 20+ years of experience ensuring the efficient and successful implementation of card and mobile transaction service, FIME is well-equipped and experienced in supporting the transport market in delivering the next-generation of transit ticketing solutions. With unrivalled expertise in EMV and developing mobile payment solutions, FIME can provide end-to-end support for your projects, from technical consultancy and training, through to design support, quality assurance, field testing and certification services.

For more information, visit www.FIME.com

*EMV® is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo.

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Duo glide around world’s largest fountain in Dubai

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Duo glide around world's largest fountain in Dubai 1

Paragliders Llorens and Goberna take magical flight above the Palm Fountain.

Horacio Llorens and Rafael Goberna defied gravity to perform The Breaking Pointe flight around the world’s biggest fountain at The Pointe, Palm Jumeirah in Dubai. Here is all you need to know:

– Spaniard Llorens is a five-time world champion and Infinity Tumbling Guinness World Record holder, who has performed a series of spectacular projects during the last five years including paragliding with a flock of starlings and with the beautiful Aurora Borealis as a backdrop.

– Brazilian Goberna was a Guinness Book of World Records winner at only 12-years-old and, in December 2016, he took to the skies above one of the seven wonders of the natural world when paragliding at Iguazu Falls.

– This time around, the duo teamed up in Dubai to showcase The Palm Fountain at the Pointe, Palm Jumeirah. They overcame a tricky preparation period to expertly glide between the fountain’s powerful jets of water.

– Spanning across the boulevard, the Palm Fountain features two giant floating platforms covering 14,000 square metres of sea water. Reaching an impressive 105 metres high and lighting up the Dubai sky with 3,000 LED lights, the fountain “dances” to hit songs from sunset until midnight.

– They undertook training first at Paramotor Desert Adventure on January 12 to test out their brakes and motors with technician Ramon Lopez finally arriving after being held up by the heavy snow in Madrid.

– Training was crucial for the challenge of flying during the night with low visibility as safety director Alan Gayton ensured they had a reserve parachute in case of a technical issue with the main parachute. Llorens and Goberna also had to study the movement of the water with great precision in order not to get caught up in the jets of water

– Flying over water, it was also mandatory to have a lifejacket with rescue boats, jet skis and divers on hand which came handy when Goberna suffered a technical malfunction on the first January 14 practice run.

– After repairs long into the night, they returned to Paramotor Desert Adventure to test out the motors again before completing the stunning flight on January 15 with Llorens and Goberna performing in harmony.

– Llorens, 38, revealed: “As soon as we got the opportunity, we wanted to fly there. We needed to know the area really well beforehand and we needed to know how to ‘play’ with the fountain – this was new for us. Such strong streams of water shooting 100 metres up is a lot, so we had to be really prepared.”

– Goberna, 26, explained: “The motor wasn’t flying so good because, prior to arriving in Dubai, it was last used in Europe at high altitude. I needed to adjust the carburettor in the air inside the motor. In the first practice flight over the water, I broke one propeller. I really couldn’t understand what was happening and then another one broke. Eventually, a backup motor was required. After a long journey, the final result was beautiful! The team worked incredibly hard to make it.”

– Llorens added: “The highlight for me was playing between the super shooters with Rafael, because it’s something we’ve never done before; it felt really new and really powerful.”

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EU sets itself jobs, training and equality targets for 2030

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EU sets itself jobs, training and equality targets for 2030 2

By Jan Strupczewski

BRUSSELS (Reuters) – The European Commission on Thursday announced goals for the 27-nation bloc to reduce poverty, inequality and boost training and jobs by 2030 as part of a post-pandemic economic overhaul financed by jointly borrowed funds.

The EU executive arm said the European Union should boost employment to 78% in 2030 from 73% in 2019, halve the gap between the number of employed women and men and cut the number of young people neither working nor studying to 9% from 12.6%

“With unemployment and inequalities expected to increase as a fallout of the pandemic, focusing our policy efforts on quality job creation, up- and reskilling and reducing poverty and exclusion is therefore essential to channel our resources where they are most needed,” the commission said.

The goals, which will have to be endorsed by EU leaders, also include an increase in the number of adults getting training every year to adapt to the EU’s transition to a greener and more digitalised economy to 60% from 40% now.

Finally, over the next 10 years, the EU should reduce the number of people at risk of poverty or social exclusion by 15 million from 91 million in 2019.

“These three 2030 headline targets are deemed ambitious and realistic at the same time,” the commission said.

The goals are part of the EU’s set of 20 social rights, agreed on in 2017, to make the EU more appealing to voters and counter eurosceptic sentiment across the bloc.

They say everybody has the right to quality education throughout their lives and that men and women must have equal opportunities in all areas and be paid the same for work of equal value.

The unemployed have the right to “personalised, continuous and consistent support”, while workers have the right “to fair wages that provide for a decent standard of living”.

(Reporting by Jan Strupczewski; Editing by Nick Macfie)

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UK aero-engineer Meggitt eyes return to growth after pandemic slump

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UK aero-engineer Meggitt eyes return to growth after pandemic slump 3

LONDON (Reuters) – British engineer Meggitt said that it could return to profit growth in 2021 provided there are no further lockdowns, despite a weakening in the struggling aviation market at the end of 2020 and early this year.

Pandemic restrictions halted much flying globally last year and forced plane makers Boeing and Airbus to cut production rates, dragging down suppliers like Meggitt, which makes and services parts for such aircraft.

Meggitt’s underlying operating profit plunged by 53% to 191 million pounds ($267 million) in 2020, it said on Thursday, despite continued growth in its defence business which makes parts for military jets and accounts for about 45% of the business.

Meggitt, however, said it expected air traffic to recover in the second half of the year which would help it return to profit growth over the year, although its guidance for flat revenue disappointed analysts who had expected growth of 6%.

Meggitt’s Chief Executive Tony Wood said in November that he had expected flying to start to recover by Easter, but new variants have led to more restrictions and delayed the recovery.

“It has gone back a couple of months… it’s now very much in the summer,” Wood said of the recovery in an interview on Thursday.

Further in the future, Meggitt is positioning itself for the move to lower emissions flying, and its sensors and electric motors will be used on electric urban air mobility platforms, such as flying taxis, and in hybrid aeroplanes being developed.

But Meggitt said new tax breaks announced in Britain’s annual budget on Wednesday aimed at encouraging investment would not change its plans.

“Yes, it will be a benefit. Are we looking at any acceleration as a result specifically of that? Not really,” Woods said.

Shares in Meggitt were down 1% to 427 pence at 0943 GMT. The stock has risen by 50% since news of a COVID-19 vaccine last November, but is still down 23% on where it was pre-pandemic.

($1 = 0.7165 pounds)

(Reporting by Sarah Young; Editing by Alistair Smout and Susan Fenton)

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