TfL combines open and closed loop systems, using Oyster Cards, contactless card payments, and NFC Google or Apple pay, alongside physical ticketing. Transport for London (TfL) has long been regarded ...

Miroslav Katsarov is the CEO of Modeshift, a technology company bringing intelligent transportation to small- and mid-size transit agencies. Open-loop payments have emerged as a high-profile trend in ...

An ecosystem-specific digital payment system called a "closed-loop wallet" enables consumers to make purchases solely from one brand, retailer, or service provider. Users can add money to their ...

Titanio series stepper drives from Ever Motion Solutions include three new drives available with two open-loop (no encoder ...

Festo introduces its Controlled Pneumatics technology which features digital closed-loop control for applications ranging from welding and gripping to dispensing and pumping. In 2012, Automation World ...