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 ...

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 ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

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 ...

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 ...

ITWeb sat down with Darren Turnbull, founder and CEO of MoData, to discuss what organisations need in a transaction processing system, what they should avoid, and how TANGO provides a single solution ...

The Virginia Department of Motor Vehicles (DMV) is getting a technology facelift. All 74 Virginia DMV offices will upgrade their transaction processing systems to a Web-based application called For ...

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 ...