Hi,
the voltage loop is still enacted, but is within the code and therefore the signal presented to the output amplifier has included within it the velocity correction.
In earlier times the voltage loop was closed by the amplifier. So there were two loops, the encoder went back to the controller and the tacho went to the amplifier.
More recently the encoder goes back to the controller and it performs both position loop and velocity loop feedback, and the output amplifier is simplified.
Craig