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 ...
Electronic Payments International on MSNOpinion

When payments systems make judgements, not transactions

Dr Gulzar Singh explores how modern payments infrastructures increasingly embed judgement - through automated declines, holds ...
In today's digital landscape, ensuring the reliability of payment systems is essential to maintaining trust and operational efficiency. Shivansh Chandnani, along with his co-author Ajay Nagrale, ...
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 ...
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 ...