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 the Transaction Processing Performance Council (TPC) announced the immediate availability of TPCx-IoT, the industry’s first benchmark which enab ...

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.

The Reserve Bank of Australia (RBA) is seeking to update its customer transaction processing and settlement system to manage the transactional activity of its 60 overseas customers for settlement in ...

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 ...

Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction ...

Transaction Processing Systems Transaction processing systems (TPS) meet the data collection, storage, processing and outputting functionalities for the core operations of a business.

A while back, Yahoo quietly made the code to Omid, an open source transaction processing system for the Apache HBase Hadoop big data store, available on GitHub. This is the same software the company ...

The nation's largest group representing physician medical practices says the process to set electronic transaction standards between providers and health plans is "broken" and the government is ...