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 ...

Transaction process is a term that refers to the adding, changing, deleting, or looking up of a record in a data file or database by entering the data at a terminal or workstation. Most transaction ...

Successful organizations large and small leverage available technologies to manage business activities and assist in making decisions. They use information systems to collect data and process it ...

Until recently, only certain companies, such as high-frequency trading firms or digitally native companies like Facebook and Google, built their business models around extreme transaction ...

San Jose, Calif. — The workhorse benchmark for large database systems officially gets its first upgrade in 14 years today. The Transaction Processing Performance Council has announced the immediate ...

A credit card authorization key is a secure code used to process transactions, confirming purchases and preventing fraud ...

Updating the appropriate databases as soon as an order, payment or other transaction is made. Transaction processing enables anyone in the organization to obtain an account balance, inventory balance ...

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 ...