Latest news with #MDTs
Business Standard
26-06-2025
- Business
- Business Standard
Aurionpro Solutions edges higher after securing contract for AFC system in Egypt
Aurionpro Solutions added 3.31% to Rs 1377.05 after the company announced that it has won a contract for implementing its automated fare collection (AFC) system for the public transport system in Egypt. The project will be executed by Aurionpro Transit Pte Ltd, the companys dedicated mobility arm, in collaboration with MasterCard. As part of this engagement, Aurionpro Transit will lead the end-to-end technology rollout of the automated fare collection system, which is set to transform Egypts rapidly evolving public transport sector. The scope of the project includes the deployment of advanced validators and mobile data terminals (MDTs), along with a comprehensive open-loop software solution. This solution will be fully integrated with Mastercard Payment Gateway Services, enabling secured, seamless, and contactless fare payments across the network. This initiative is the result of a tri-party agreement between Mastercard, the National Bank of Egypt, and Mwasalat Misr Group, a leading operator in Egypts mass transit ecosystem. The agreement aims to digitize ticketing payments for the Mwasalat Misr Groups mass transit fleetempowering commuters to seamlessly book and pay for their journeys using payment cards. Sanjay Bali, president and global head, Tech Innovation Group, Aurionpro Solutions, said: "We are proud to mark this strategic win as a reflection of our shared vision for the future of digital mobility with MasterCard. This win strengthens Aurionpros growing portfolio of AFC deployments across key global markets and reflects the companys commitment to innovation, operational excellence, and transforming urban mobility." Aurionpro Solutions is a global leader in providing advanced technology solutions. It focuses on sectors such as banking, mobility, payments, insurance, transit, data center services, and government sectors. The companys consolidated net profit increased 30.80% to Rs 50.33 crore in Q4 FY25 as compared with Rs 38.48 crore in Q4 FY24. Net sales jumped 32.44% YoY to Rs 326.95 crore in Q4 FY25.
Business Standard
26-06-2025
- Business
- Business Standard
Aurionpro implements Automated Fare Collection for public transport in Egypt
Aurionpro Solutions announced a significant win to implement its Automated Fare Collection (AFC) system for the public transport system in Egypt. This prestigious project marks a major step forward in expanding Aurionpro's footprint across the Middle East and Africa region. The project will be executed by Aurionpro Transit, the Company's dedicated mobility arm, in collaboration with MasterCard, combining Aurionpro's cutting-edge transit technologies with MasterCard's global expertise in payments and mobility. This powerful partnership aims to deliver a seamless, efficient, and digitally advanced fare collection experience for commuters, aligned with Egypt's vision for a modern, connected public transport infrastructure. As part of this engagement, Aurionpro Transit will lead the end-to-end technology rollout of the Automated Fare Collection system, which is set to transform Egypt's rapidly evolving public transport sector. The scope of the project includes the deployment of advanced Validators and Mobile Data Terminals (MDTs), along with a comprehensive open-loop software solution. This solution will be fully integrated with Mastercard Payment Gateway Services, enabling secured, seamless, and contactless fare payments across the network. This initiative is the result of a tri-party agreement between Mastercard, the National Bank of Egypt, and Mwasalat Misr Group, a leading operator in Egypt's mass transit ecosystem. The agreement aims to digitize ticketing payments for the Mwasalat Misr Group's mass transit fleetempowering commuters to seamlessly book and pay for their journeys using payment cards. Fare collection in Egypt's public transport sector has long been dominated by cash transactions, limiting access to modern financial services. With the introduction of this new system, commuters will be able to make real-time paymentswhether onboard or through digital platformsushering in a faster and more convenient travel experience. This collaboration marks a significant step forward in supporting Egypt's broader Vision 2030 for a cashless, inclusive, and digitally enabled economy.
Business Upturn
26-06-2025
- Business
- Business Upturn
Aurionpro partners with Mastercard to implement Automated Fare Collection system for Egypt's public transport network
Aurionpro Solutions Ltd. has secured a major contract to implement an Automated Fare Collection (AFC) system for Egypt's public transport sector. This strategic win marks a significant milestone in the company's expansion across the Middle East and Africa region. The project will be delivered by Aurionpro Transit Pte Ltd, the company's dedicated mobility division, in partnership with Mastercard. The collaboration aims to create a modern, seamless, and fully digital fare payment experience that aligns with Egypt's Vision 2030 for a cashless, connected economy. Under the agreement, Aurionpro will lead the end-to-end deployment of advanced fare collection technologies, including mobile data terminals (MDTs) and contactless validators, integrated with Mastercard Payment Gateway Services. This open-loop solution will allow commuters to pay fares using debit or credit cards, eliminating the need for cash. The initiative stems from a tri-party partnership between Mastercard, National Bank of Egypt, and Mwasalat Misr Group—a leading mass transit operator in Egypt. The collaboration aims to digitize payments across Mwasalat Misr's entire fleet, enabling riders to book and pay in real time, both onboard and via digital platforms. Historically, Egypt's public transport system has relied heavily on cash payments, creating barriers to financial inclusion. The new AFC system will introduce a secure, efficient, and convenient fare payment process, supporting broader goals of digital transformation in the country's transit ecosystem. This project reinforces Aurionpro's position as a global provider of advanced mobility solutions and highlights its growing influence in international smart city and transport infrastructure developments. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
The Independent
05-03-2025
- Health
- The Independent
Ministers hail funding to extend health early intervention initiative
The Northern Ireland Secretary and Stormont ministers have hailed funding to extend an initiative to promote early intervention in the health service. Hilary Benn, along with deputy First Minister Emma Little-Pengelly, Health Minister Mike Nesbitt and Finance Minister John O'Dowd visited Eden Park Medical Practice in north Belfast where they met with GPs and healthcare staff. It comes following the announcement of £61 million for multi-disciplinary teams (MDTs), a partnership between GP federations and health trusts to introduce new early intervention roles into general practice. Mr O'Dowd announced the funding earlier this week, as one of six projects to benefit from £129 million to transform public services. As part of the financial package which led to the restoration of the devolved powersharing institutions last year, £235 million was committed by the UK Government for transformation funding over a five-year period. Mr Benn said he had been impressed with what he had heard, describing the MDT model as something that works. 'The £61 million is going to enable many more GP practices to be able to adopt it and bring real benefits for patients, and also in time will take pressure off secondary care,' he said. 'This shows what can be done when we work together.' Ms Little-Pengelly said it had been 'fantastic' to visit and see what the initiative will mean on the ground, praising the agreement for the first tranche of the £235 million delivered. 'These projects will make a really significant impact right across a number of key areas,' she said. Mr Nesbitt described a 'great day'. 'There is a lot happening in terms of health reform, rapid diagnostic centres, day procedure centres, elective overnight stay centres, but the multi disciplinary team is the outstanding example,' he said. 'We know it works from the seven federations where it already exists and it's great to get that up to 12 of the 17, and we'll continue to work until everybody has access to a multi disciplinary team.' Mr O'Dowd added: 'Listening to the GPs, the people on the frontline, and the enthusiasm they have for the multi disciplinary teams, to me is the icing on the cake. 'They know the difference this money is going to make to the communities they serve, and we as elected representatives in our different roles, will continue to work together to ensure that more funding similar to this is rolled out and that we continue to make the change that is required across our society.'
Yahoo
05-03-2025
- Health
- Yahoo
Ministers hail funding to extend health early intervention initiative
The Northern Ireland Secretary and Stormont ministers have hailed funding to extend an initiative to promote early intervention in the health service. Hilary Benn, along with deputy First Minister Emma Little-Pengelly, Health Minister Mike Nesbitt and Finance Minister John O'Dowd visited Eden Park Medical Practice in north Belfast where they met with GPs and healthcare staff. It comes following the announcement of £61 million for multi-disciplinary teams (MDTs), a partnership between GP federations and health trusts to introduce new early intervention roles into general practice. Mr O'Dowd announced the funding earlier this week, as one of six projects to benefit from £129 million to transform public services. As part of the financial package which led to the restoration of the devolved powersharing institutions last year, £235 million was committed by the UK Government for transformation funding over a five-year period. Mr Benn said he had been impressed with what he had heard, describing the MDT model as something that works. 'The £61 million is going to enable many more GP practices to be able to adopt it and bring real benefits for patients, and also in time will take pressure off secondary care,' he said. 'This shows what can be done when we work together.' Ms Little-Pengelly said it had been 'fantastic' to visit and see what the initiative will mean on the ground, praising the agreement for the first tranche of the £235 million delivered. 'These projects will make a really significant impact right across a number of key areas,' she said. Mr Nesbitt described a 'great day'. 'There is a lot happening in terms of health reform, rapid diagnostic centres, day procedure centres, elective overnight stay centres, but the multi disciplinary team is the outstanding example,' he said. 'We know it works from the seven federations where it already exists and it's great to get that up to 12 of the 17, and we'll continue to work until everybody has access to a multi disciplinary team.' Mr O'Dowd added: 'Listening to the GPs, the people on the frontline, and the enthusiasm they have for the multi disciplinary teams, to me is the icing on the cake. 'They know the difference this money is going to make to the communities they serve, and we as elected representatives in our different roles, will continue to work together to ensure that more funding similar to this is rolled out and that we continue to make the change that is required across our society.'
