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 ...

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 ...

HIPAA Eligibility Transaction System (HETS) is an online tool for healthcare professionals to confirm Medicare eligibility and access information about coverage, deductibles, and other important ...

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 ...

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 ...

When thinking about doing things differently in the transaction and identity space its hard to go past the health care industry. There are an awful lot of health care transactions and with the right ...

Smart Transaction Systems Inc., a Boulder-based company that provides gift-card and customer loyalty programs for retailers, has integrated its offerings with major shopping-cart providers Shopify and ...

The total cost can include software, hardware, payment processing fees, and other fees Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, ...