SOURCE: The Smart Card Alliance
March 24, 2008 09:33 ET
Convergence of Transit and Financial Payment Systems Key Theme as Smart Card Alliance Transportation Council Kicks Off Fourth Year
PRINCETON JUNCTION, NJ--(Marketwire - March 24, 2008) - The Smart Card Alliance
Transportation Council is kicking off its fourth year with new officers and
steering committee members, including the re-election of Chair Paul
Korczak, Metropolitan Transportation Authority (MTA) New York City Transit,
and a new industry white paper addressing the hottest topic in transit
today -- financial/transit payment convergence.
"Transportation Council members represent a broad spectrum of leaders from
the transportation, financial services and smart card industries," said
Randy Vanderhoof, executive director of the Smart Card Alliance. "Now
moving into its fourth year, the Council has become a key resource for
information, technology considerations and operational best practices
involved in more efficient and convenient transit, parking, and tolling
systems. The council has completed projects looking at approaches that use
established payment methods and exploring new approaches involving smart
cards and interoperable contactless bank card payment systems."
The Transportation Council officers for 2008 are:
-- Chair - Paul Korczak, MTA New York City Transit (re-elected to 2nd
-- Vice Chair, Transit - Craig Roberts, Utah Transit Authority (re-
elected to 2nd term).
-- Vice Chair, Parking - Thomas Wunk, Scheidt & Bachmann.
-- Vice Chair, Tolling - Ernest Tollerson, Metropolitan Transportation
Newly elected steering committee members are:
-- Doug Deckert, Washington Metropolitan Area Transit Authority
-- Michael Laezza, Thales Transportation Systems
-- Larry Weissbach, ERG Group
"Convergence will be a key theme for the Transportation Council in 2008,"
said Paul Korczak. "We plan to continue to explore convergence of
financial and transit payments, and broaden that exploration to
possibilities within parking and tolling, too. We're also in the process
of producing a white paper that looks at how this convergence can serve the
unbanked and underbanked transit rider."
A new white paper, "Co-Branded Multi-Application Contactless Cards for
Transit and Financial Payment," provides an overview of an approach for
transit/financial payment convergence that leverages co-branded card
business models and the multi-application capabilities provided by smart
card technology. It was written to complement the previous Transportation
Council white paper, "Transit and Contactless Financial Payments: New
Opportunities for Collaboration and Convergence." Both papers can be found
"The Council has now completed white papers that review two different
approaches for convergence -- direct acceptance of American Express,
Discover, MasterCard and Visa contactless payment products at the point of
transit payment and/or boarding, and use of a co-branded, multi-application
card that carries both financial payment and transit payment data files,"
said Vanderhoof. "Both of these resources provide transit agencies with
information that they can use to determine the model that meets their
unique market requirements."
The new white paper explores the key commercial, operational support and
technical considerations that financial issuers and transit agencies should
discuss when contemplating the implementation of a co-branded
multi-application transit/financial payment card. Case studies of three
programs, the Oyster/Barclaycard, Taipei smart card program and TaiwanMoney
card, which have implemented co-branded multi-application contactless
transit/financial cards, are also included in the paper.
The white paper involved a broad set of participants, including: ACS,
Barclays, Booz Allen Hamilton, Cubic, ERG Group, Giesecke & Devrient, IfD
Consulting, Infineon Technologies, INSIDE Contactless, JPMorgan Chase,
Keane, MasterCard Worldwide, MTA/New York City Transit, Power2Process,
Scheidt & Bachmann, Taipei Smart Card Corporation, Thales Transportation
Systems, Transport for London, TranSys, Tri-County Metropolitan
Transportation District of Oregon, U.S. Dept. of Transportation/Volpe
Center, USA Technologies, Utah Transit Authority, VeriFone, Washington
Metropolitan Area Transit Authority.
About The 2008 Smart Card Alliance Transportation Council Officers
Chair, Paul Korczak. Korczak is the assistant chief officer of MetroCard
sales operations for MTA New York City Transit. At MTA, Korczak's
responsibilities include all aspects of the $2.3 billion in sales of
MetroCard fare media through vending machines, a retail sales network of
nearly 4,500 locations, and transit benefits programs.
Vice Chair, Transit, Craig Roberts. Roberts is responsible for technology
program development and electronic fare collection at Utah Transit
Authority. Roberts manages UTA's electronic fare collection ski service
pilot, charting the course for full system EFC deployment and directing an
interagency collaborative technology deployment effort called the Center
for Applied Transit Technology.
Vice Chair, Parking, Thomas Wunk. Wunk is the vice president of operations
at Scheidt & Bachmann. Wunk has been in the parking control industry since
1973 and has designed, installed, and serviced parking control systems all
over the world. His duties have included sale, design, service,
installation, maintenance, training, marketing, and retro-fitting systems
Vice Chair, Tolling, Ernest Tollerson. Tollerson is the director of policy
and media relations at MTA. Tollerson joined the MTA in January 2007.
Previously, he handled research projects for the Partnership for New York
City, and worked as a reporter and editor for a number of newspapers
including New York Newsday, the New York Times and the Philadelphia
About the Smart Card Alliance
The Smart Card Alliance is a not-for-profit, multi-industry association
working to stimulate the understanding, adoption, use and widespread
application of smart card technology.
Through specific projects such as education programs, market research,
advocacy, industry relations and open forums, the Alliance keeps its
members connected to industry leaders and innovative thought. The Alliance
is the single industry voice for smart cards, leading industry discussion
on the impact and value of smart cards in the U.S. and Latin America. For
more information please visit http://www.smartcardalliance.org.