Abstract: The traffic conflict technique (TCT) was developed as "surrogate measure of road safety" to identify near-crash events by using measures of the spatial and temporal proximity of road users. Traditionally applications of TCT focus on a specific site by the way of manually or automated supervision. Nowadays the development of in-vehicle (Ⅳ) technologies provides new opportunities for monitoring driver behavior and interaction with other road users directly into the traffic stream. In the paper a stereo vision and GPS system for traffic conflict investigation is presented for detecting conflicts between vehicle and pedestrian. The system is able to acquire geo-referenced sequences of stereo frames that are used to provide real time information related to conflict occurrence and severity. As case study, an urban bus was equipped with a prototype of the system and a trial in the city of Catania (Italy) was carried out analyzing conflicts with pedestrian crossing in front of the bus. Experimental results pointed out the potentialities of the system for collection of data that can be used to get suitable traffic conflict measures. Specifically, a risk index of the conflict between pedestrians and vehicles is proposed to classify collision probability and severity using data collected by the system. This information may be used to develop in-vehicle warning systems and urban network risk assessment.