Conduent Incorporated (NASDAQ: CNDT), today announced that Helsingin Seudun Liikenne (HSL), the Helsinki Region Transport Authority, has selected the company’s Conduent Transportation arm to implement a next-generation fare collection system across its network of buses, trams, trains, metros and ferries.
In 2021, there were a total of 238 million passenger boardings on HSL’s public transport services.
In the first phase of this project, scheduled to begin in the fourth quarter of this year, Conduent will supply 4,500 validators to be installed across the entire network that allow riders to pay with major contactless credit and debit cards, NFC-enabled devices, HSL transit cards or via QR codes. NFC-enabled devices include smartphones and smartwatches with digital wallets. The upgraded fare collection system ensures that tickets are valid across all modes of transportation in the HSL network.
As part of the second phase, validators will also be enabled for account-based ticketing (ABT). With ABT, the ticket is stored virtually in the cloud. ABT enables a range of devices, such as a smartphone or smart card, or media to be securely linked via the cloud to the passenger’s HSL account.
Conduent Transportation is a leading provider of automated and analytics-based smart mobility solutions for government agencies.
These solutions, spanning roadway charging and management, parking and curbside management, and advanced transit and public safety systems, enable streamlined and personalized services for citizens and travelers who use them.
CNDT shares acquired one penny to $4.59.
