In the operational level of an organization, transaction processing systems (TPS) are the basic business systems. You can think of order entry systems for sales, hotel reservation systems, payroll, ...

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 ...

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 ...

The next version of Microsoft’s relational database management system (RDMS) promises to bring immense performance gains to online transactional processing systems. SQL Server 2014 will come with a ...

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 ...

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 ...

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Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.