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 ...

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 ...

Here’s a question for finance leaders: Is transaction processing a key element of finance transformation? If I think back to the hundreds if not thousands of conversations I have had on the subject of ...

In the biggest sale of a merchant acquirer in more than a year, private-equity firm Advent International Corp. will take a 51% stake in Fifth Third Processing Solutions through a deal announced today ...

Credit cards are an essential form of payment for millions of Americans, and processing credit card transactions is an unavoidable requirement for merchants. However, each swipe comes with fees ...

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 ...

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 ...