smartcards private finance initiative
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Government scraps PFI for IT projects
News However, botched PFI projects such as the £698m cancelled Pathway project to develop benefits payment smartcards and the £134m overspend on the courts Libra system have led to a major government policy rethink. [16 Jul 2003]
ICL loses £180m as government pulls out of swipe card deal
News ICL's CEO, Keith Todd, said yesterday that he is convinced smartcards are the future and that having card readers installed in every Post Office in the country will give them a competitive advantage. IT services company ICL admitted it has taken a... [26 May 1999]
UK smartcard project could fold
News A major UK government initiative to enable benefits to be paid via smartcards at Post Offices could be scrapped, according to reports in the Financial Times. The PFI (private finance initiative) project is intended to link up the Benefits Agency... [05 May 1999]
London Transport upgrades ticketing system
News Within four years the magnetic strip tickets will be replaced by smartcards which do not require any physical contact. The deal is being financed through a Private Finance Initiative. London Underground's smartcard ticketing contract has gone to... [14 Aug 1998]
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