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 ...

Transaction processing is the unambiguous and independent execution of a set of operations on data in a relational database, which treats that set of actions as a single event. If any part of the ...

Transaction processing systems are the backbone of an organization because they update constantly. At any given moment, someone may need an inventory balance, an account balance or the total ...

Related Terms: Internet Payment Systems Transaction process is a term that refers to the adding, changing, deleting, or looking up of a record in a data ...

TimesTen on Monday will release Version 5.1 of its data management and transaction processing system, focusing on the “real-time enterprise.” The product line is being expanded with three ...

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 ...

I’ve spoken to a customer that, in their legacy system, faced tens of thousands of code combinations that resulted in over 2,000 data errors on transaction entries every time they entered their ...

Online transaction processing (OLTP) is the real-time data processing behind ATM withdrawals, credit card payments, ticketing and reservation systems, online shopping, and electronic commerce in ...

To compete in the digital economy, most enterprises will need to transform their transaction processing systems, rethinking their transaction processing architecture and databases for extreme ...

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