The phrases "point of sale" and "transaction processing system" represent two different, yet closely related concepts having to do with the sales function. Each term represents a distinct and vital ...

Today, government agencies have few options that allow them to seamlessly process payments. One industry leader is hoping to change that — one transaction at a time. Here’s how. In December 2021, the ...

Yin and yang, life and death, Clark Kent and Superman. Some concepts are so intertwined that it’s impossible to imagine one without the other. Transaction processing (TP) and relational databases ...

Online transaction processing systems are purpose-built to handle large numbers of transactions by large numbers of concurrent users, while guaranteeing the integrity of the data. Online transaction ...

With the fast pace of business operations, many companies rely on transactional software systems to help them automate business processes. These transactional systems have to process data in real time ...

In today’s fast-paced business landscape, efficiency and quality are essential for staying ahead of the competition. Straight-through processing (STP) is a solution that enables businesses to expedite ...