NEWS
Flowbird transforms urban mobility in Monaco
Monaco is continuing its Digital Transformation by deploying Monapass , a new mobility application for users , tourists and commuters . It called on the technological expertise and know-how of Flowbird , a world leader in urban mobility technology , to deliver the solution .
Monapass is an all-in-one mobile application with journey planning and an integrated payment system for Monaco ’ s transportation including :
• CAM buses
• MonaBike electric bikes
• On-street parking
Cards , subscriptions and payment methods are integrated into one application , which also provides a range of features including real-time traffic information , bus timetables , bicycle availability and location . The free mobile application allows users to easily and securely plan and pay for their trips via a single ticket , pass , bus or bicycle subscription .
In addition to improving the user ticketing and payments experience , Monapass promotes green and active mobility , in support of Monaco ’ s objective of reducing light vehicle traffic by 20 % by 2030 .
Flowbird ’ s digital solutions allow cities access to easy , fast , safe and secure multimodal and sustainable urban mobility systems . Present in over 80 countries , Flowbird has deployed and optimised its digital offer for Monaco in response to its unique requirements .
Flowbird is also deploying Open Payments on CAM ’ s bus network , combining ticketing and electronic payments to enable passengers to use their bank card as a transport ticket . Residents and tourists visiting Monaco can all use this service , allowing them to get the best value fare for their journeys .
Hoist Finance selects LTI ’ s Digital Banking Platform to achieve accelerated growth
Larsen & Toubro Infotech , a global technology consulting and digital solutions company , has entered into a strategic engagement with Hoist Finance AB , a pan European financial services company , to provide Banking-as-a-Service for performing loans segment through its Digital Banking Platform .
LTI ’ s Digital Banking platform , powered by Temenos , will enable Hoist Finance to be more scalable and with faster on-boarding of new asset classes across regions . The platform provides seamless interoperability , agility and higher security at a lower total cost of ownership .
Klaus-Anders Nysteen , CEO , Hoist Finance , said : “ The strategic partnership with LTI is in line with our growth strategy for performing loans segment in Europe . It will help us strengthen Hoist ’ s positioning as a leader in this segment with digital-first strategies . LTI has been a strategic partner for Hoist since 2019 and has supported multiple transformation initiatives , spanning workplace transformation , infrastructure transformation and migration to the cloud . Onboarding LTI ’ s digital banking platform was a natural extension of our strategic partnership .”
With its comprehensive capabilities , LTI ’ s Digital Banking Platform provides end-to-end integration with Temenos Transact , Temenos
Infinity , Temenos Payments and Temenos Financial Crime Mitigation as well as FinTech solutions like regulatory reporting , authentication , KYC solutions , card services and payment solutions available on Temenos Marketplace .
LTI ’ s Digital Banking platform will seamlessly operate across existing Hoist applications and infrastructure through an API driven interface to connect with third-party systems . With presence across Sweden , Denmark , Norway and Finland , LTI is one of the leading IT Consulting and digital solutions providers in the Nordic region .
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