The consortium that is slowly delivering the troubled myki public transport smartcard has been paid $20 million this year by the Victorian government, documents have revealed.
Struggling Australian smartcard and point of sale company Keycorp today said it would sell its smartcard business for $25.3 million to an unnamed international company.
A US judge let stand a temporary restraining order preventing three Massachusetts Institute of Technology students from discussing or disclosing their research into security vulnerabilities in the payment system for the local subway system.
Cubic, a member of the Transys consortium that runs London's Oyster smartcard public transport system, has been legally restrained by its partner EDS.
A federal judge on Saturday in the US granted the Massachusetts transit authority's request for an injunction preventing three MIT students from giving a presentation about hacking smartcards used in the Boston subway system.
Transport for London has terminated its contract with the Transys consortium that provides the Oyster ticketing system for the London Underground, buses and trams.
Queensland Transport (QT) has gone to market for up to 10,000 handheld smartcard readers as it gears up to replace its 2.7 million antiquated drivers' licences with new smartcard equivalents.
The main public servant in charge of Victoria's troubled myki public ticketing project is married to the auditor who was in charge of probity on the project's $1.3 billion contract, it emerged today.
Dutch chipmaker NXP Semiconductors has sued a university in The Netherlands to block publication of research that details security flaws in NXP's Mifare Classic wireless smart cards, a market leading product used in public transport and building entry systems around the world.
Melbourne's already overdue myki smartcard ticketing system may not see the light of day until 2012 and may cost taxpayers another AU$216 million.
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