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 ...

The Payment Services Regulations (PSR) approach will bring about a significant change for all the payment firms. Its aim is to proactively prevent Authorized Push Payment (APP) fraud from occurring.

In today’s fast-paced business landscape, efficiency and quality are essential for staying ahead of the competition. Straight-through processing (STP) is a solution that enables businesses to expedite ...

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 ...

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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for ...

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 ...

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 ...

SAN FRANCISCO--(BUSINESS WIRE)--Visa Inc. (NYSE: V) today announced Visa Smarter Stand-in Processing (Smarter STIP), a new capability that uses real-time artificial intelligence (AI) to help financial ...

While it’s common to use the Java Transaction API and the XA protocol for distributed transactions in Spring, you do have other options. The optimum implementation depends on the types of resources ...

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 ...