This panel session will delve into the broad economic insights that can be gleaned from data-driven urban mobility initiatives, with a focus on smart cities and sustainable travel. 

• How data-driven insights and value-added services enabled by large-scale digitization of transportation can help increase ridership and plan service patterns efficiently, leading to economic efficiencies.
• The financial and operational benefits of open-loop payment systems for transit agencies and cities.
• How open-loop payments contribute to increased ridership and reduced carbon emissions, promoting financial inclusion and improved sustainability and economic outcomes in cities.