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 ...

Companies record every transaction in their accounting books based on the double-entry system. Because every transaction involves certain kinds of monetary exchanges between at least two business ...

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 ...

Explore how Base I, the first real-time credit card authorization system, revolutionized transactions and paved the way for modern electronic payments.

On July 17, IBM launched the IBM Z to extend the company’s influence in the financial cybersecurity market. The new mainframe system, which can run more than 12 billion encrypted transactions each day ...

The financial sector is at a turning point. As digital payments surge, the demand for faster, more secure, and scalable transaction systems has never been greater. Hatim Kapadia, a senior engineering ...

Database systems are the backbone of contemporary data-driven applications, underpinning industries ranging from finance to scientific research. As data volumes surge and complexity increases, robust ...

Joe Liebkind is a reporter for top finance sites with 5+ years of experience as a writer, content strategist, and tech consultant. PayPal Holdings Inc. (PYPL) wants to speed up your bitcoin ...