The best health plan is one that gets used. In this increasingly competitive world, where consumers have their pick of insurance providers through the Marketplace and the average Medicare Advantage ...

A new competitor in the peer-to-peer payments landscape emerged Wednesday with the introduction of CHUCK, an open-loop P2P network founded by 10 community banks. The new network uses technology from ...

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 ...

Today on Hackaday Dictionary, we’re going to talk about the two basic types of control systems: open-loop and closed-loop. We’ll describe the differences between them and explore the various ...

Payments ecosystems are often categorized as either closed-loop or open-loop systems, each with distinct advantages and limitations. Closed-loop systems, such as single-provider mobile wallets like ...

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 ...