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Visa Expands Contactless Public Transportation Payments Due To Pandemic

PYMNTS

Visa , in response to the rising demand for safer ways to travel, has expanded its partnership with Cubic Transportation Systems to offer contactless payments for public transportation services in over 500 cities, according to a press release.

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Interpol Warns Food Delivery Drivers May Be Transporting Drugs

PYMNTS

A worldwide police force has issued an alert warning that criminal organizations are using food delivery services to transport drugs as countries remain locked down during the COVID-19 pandemic.

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From Why To How Fast: Getting Contactless Payments Up To Speed In Public Transportation

PYMNTS

The COVID-19 pandemic has hit public transportation usage all over the world, with New York and London seeing ridership fall by 90 percent or more. CyberSource serves as the connection point between all three parties in a secure, reliable and scalable way. What’s Coming Down The Track?

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China’s Global Port Investments Give Rise to Security Worries

CFO News Room

Security concerns related to Chinese investments in overseas ports are mounting as the country’s firms acquire more stakes at shipping hubs around the world and geopolitical tensions rise.

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Transport Trade Group Brings Airlines And Vaccine IDs Into The Digital Age

PYMNTS

And in an interview with PYMNTS, Nick Careen , senior vice president of airport, passenger, cargo and security at the International Air Transport Association (IATA), said the stage is set for digital solutions to help validate and authenticate passengers, and also serve as a validation of a COVID-related test and travel requirements.

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IL&FS Group makes interim distribution payout of Rs 29,000 cr in FY23 to secured creditors

CFO News

Mumbai, Apr 2 (PTI) The IL&FS Group has so far paid back Rs 29,000 crore to the secured creditors, with the latest being an interim pay-out of Rs 920 crore for the Chenani Nashri Tunnelway, a subsidiary of IL&FS Transportation Network.

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London Transport System To Track Subway Riders

PYMNTS

Transport for London (TfL) said on Monday (July 8) that it will start tracking riders through London’s Underground with Wi-Fi from their phones, according to a report by the Financial Times. Securing it is, therefore, of paramount importance.” . The database will contain a lot of records about individuals.