MTA Bridges and Tunnels

Enablement of JCB Contactless payment acceptance at all OMNY contactless subway and bus validator screens in New York

Retrieved on: 
Monday, November 15, 2021
Population, Adoption, Metro New York, Metro-North Railroad, COO, MTA Regional Bus Operations, MTA Bridges and Tunnels, Long Island Rail Road, New York City Transit Authority, JCB Co., Ltd., Transport, CA, Metropolitan Transportation Authority, NY, NFC, JCB, MTA, OMNY, Mobile phone

JCB has been one of NY MTA's long-time fare payment options and now enabling contactless payments gives JCB cardmembers the convenience of tapping their cards wherever OMNY, NY MTA's contactless fare payment system, is available.

Key Points: 
  • JCB has been one of NY MTA's long-time fare payment options and now enabling contactless payments gives JCB cardmembers the convenience of tapping their cards wherever OMNY, NY MTA's contactless fare payment system, is available.
  • Sarah Meyer, Chief Customer Officer of NY MTA, commented, "We look forward to working closely with JCB.
  • Huge numbers of visitors from Asia will be able to experience the seamlessness of OMNY when they are visiting New York City.
  • Ray Shinzawa, President & COO at JCBUSA, said, "We are pleased that our JCB cardmembers can now enjoy the added convenience of tapping their cards or smartphones on NY MTA subway and bus validator screens.

New York Tolling Authorities Win IBTTA President’s Innovation Award for Mobile App Developed with Conduent Transportation

Retrieved on: 
Thursday, October 21, 2021
Solution, National, Accounting, Efficiency, Technology, City, Interstate Highway System, Exhibition, Interstate 64, Name, Virginia Department of Transportation, RSS, Fortune 500, MTA, Partnership, Patient, Port, MTA Bridges and Tunnels, Port Authority of New York and New Jersey, Government, Conduent, Smartphone, Toll, New York State Thruway Authority, Veterans International Bridge at Los Tomates, Transport, News, Nasdaq, Association, GLOBE, International Bridge, Road transport, Online shopping

FLORHAM PARK, N.J., Oct. 21, 2021 (GLOBE NEWSWIRE) -- New Yorks tolling authorities received the prestigious 2021 Toll Excellence Presidents Award for Innovation from the International Bridge, Tunnel and Turnpike Association (IBTTA) for a mobile app developed with Conduent Transportation, a global business unit of Conduent Incorporated (Nasdaq: CNDT).

Key Points: 
  • FLORHAM PARK, N.J., Oct. 21, 2021 (GLOBE NEWSWIRE) -- New Yorks tolling authorities received the prestigious 2021 Toll Excellence Presidents Award for Innovation from the International Bridge, Tunnel and Turnpike Association (IBTTA) for a mobile app developed with Conduent Transportation, a global business unit of Conduent Incorporated (Nasdaq: CNDT).
  • The app also helps facilitate the use of automated, cashless tolling, which reduces traffic congestion and harmful emissions caused by idling vehicles.
  • The project is led by New York Citys Metropolitan Transportation Authority (MTA) in collaboration with the New York State Thruway Authority, the Port Authority of New York and New Jersey, and Conduent.
  • As the leading system and services provider for the states tolling programs for nearly 30 years, Conduent designed the app to give customers the best user experience available.

KBRA Assigns AA+ Rating, Stable Outlook to TBTA’s Payroll Mobility Tax (PMT) Senior Lien Bonds, Series 2021B

Retrieved on: 
Wednesday, August 4, 2021
Professional Services, Finance, Prospectus, National Association, U.S. Securities and Exchange Commission, European Union, European Securities and Markets Authority, Issuer, Insurance commissioner, Tunnel, Union, CRA, Limited liability company, Bond, KBRA, ESG, Outlook, Triborough Bridge, Société des Produits Nestlé S.A. v. Cadbury UK Limited, PMT, Ontario Securities Commission, MTA Bridges and Tunnels, National Association of Insurance Commissioners, Credit, Security (finance)

Kroll Bond Rating Agency (KBRA) assigns a long-term AA+ rating to the PMT Senior Lien Bonds, Series 2021B issued by the Triborough Bridge and Tunnel Authority (TBTA).

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns a long-term AA+ rating to the PMT Senior Lien Bonds, Series 2021B issued by the Triborough Bridge and Tunnel Authority (TBTA).
  • In addition, KBRA affirms the long-term AA+ rating on the outstanding PMT senior lien bonds and affirms the K1+ on the outstanding PMT Bond Anticipation Notes, Series 2020A.
  • The Outlook on the outstanding bonds is Stable.
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

KBRA Releases Report Assigning AA Rating with a Stable Outlook to Triborough Bridge and Tunnel Authority General Revenue Bonds, Series 2021A

Retrieved on: 
Thursday, March 18, 2021
Banking, Professional services, Insurance, Finance, Finance, Money, Bridges in New York City, Credit rating, Credit risk, Nationally recognized statistical rating organization, Credit rating agency, Bond credit rating, MTA Bridges and Tunnels, Bond, Kroll, Revenue bond

On March 17, 2021, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA with a Stable Outlook to the Triborough Bridge and Tunnel Authority (TBTA) General Revenue Bonds, Series 2021A.

Key Points: 
  • On March 17, 2021, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA with a Stable Outlook to the Triborough Bridge and Tunnel Authority (TBTA) General Revenue Bonds, Series 2021A.
  • Concurrently, KBRA affirms the long-term rating of AA on the TBTAs outstanding General Revenue Bonds and the long-term rating of AA- on the Subordinate General Revenue Bonds.
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority.

KBRA Releases Report Assigning an AA Rating to the TBTA General Revenue Bonds, Series 2020A and Placing the Rating on Watch Downgrade

Retrieved on: 
Monday, May 18, 2020
Banking, Professional services, Insurance, Finance, Finance, Money, Economy, Credit rating agencies, Kroll Bond Rating Agency, Nationally recognized statistical rating organization, MTA Bridges and Tunnels, Bond credit rating, Bond, Credit rating, Triborough Bridge

On May 15, 2020, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA to the Triborough Bridge and Tunnel Authority (TBTA) General Revenue Bonds, Series 2020A, and placed the rating on Watch Downgrade.

Key Points: 
  • On May 15, 2020, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA to the Triborough Bridge and Tunnel Authority (TBTA) General Revenue Bonds, Series 2020A, and placed the rating on Watch Downgrade.
  • Concurrently, KBRA affirmed the long-term rating of AA on the TBTAs outstanding general revenue bonds and affirmed the long-term rating of AA- on TBTAs outstanding subordinate general revenue bonds.
  • KBRA is a full-service credit rating agency registered as an NRSRO with the U.S. Securities and Exchange Commission.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) with the European Securities and Markets Authority (ESMA).