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June 5, 2014
08:33 EDTOTIVOn Track Innovations signs five-year Arlington county cashless parking contract
On Track Innovations has signed a five-year contract to help manage more than 5,000 on-street parking spaces in Arlington County, Virginia. Arlington County was one of the first areas in the U.S. to adopt cashless parking solutions. otiís EasyPark in-vehicle parking device will replace the countyís existing iPark system. The agreement includes general and financial management services, parking fees collection, and customer support services.
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September 23, 2014
10:57 EDTOTIVOn Track Innovations and ABnote launch NFC mobile payment trial
Earlier today, ABnote and On Track Innovations announced they have launched a major NFC mobile electronic payment trial with one of the largest financial institutions in North America. The pilot program pairs oti's WAVE device with ABnote's secure provisioning and mobile wallet, and represents the first NFC deployment under a business and technical collaboration the companies formed last year. Shares of On Track Innovations are up almost 8%, or 23c, to $3.15 in late-morning trading.

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