Identive Collaborates with Land Transport Authority in Singapore

Identive Group INVE has collaborated with the Land Transport Authority (LTA) in Singapore to design new smart chip-based transit tickets for the Southeast Asian country's extensive rail network. TransitLink, as the LTA administrator, has awarded Identive a three-year contract valued at $3.9 million to supply the tickets, which include near field communication (NFC) chips from Infineon Technologies AG IFX IFNNY. "This project demonstrates Identive's commitment to leveraging our unique expertise to create smart transit credentials," said Dr. Manfred Mueller, executive vice president and COO, Identification Products for Identive. "The convenience of contactless tickets positions the market for explosive growth. The gating factor has been authorities' and agencies' confidence in the security of ticket readers and payment. Identive provides a proven solution as smart transit tickets are a core competency. We are confident our collaboration with LTA will ensure the new NFC tickets work within the country's transit infrastructure to help move Singapore's five million citizens and tourists efficiently and with ease." Identive's end to end capabilities make it a one-stop shop able to tag, code, lock and print transit tickets for LTA. In the last two and See full press release