Updating the appropriate databases as soon as an order, payment or other transaction is made. Transaction processing enables anyone in the organization to obtain an account balance, inventory balance ...

When it comes to determining the cost of your accounts payable processing, don’t forget to factor in the time your staff spends processing invoices — time they could be spent working on other things ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Credit card fraud continues to plague consumers around the ...

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 ...

Discover how INET revolutionized MasterCard transactions by integrating with Banknet, enhancing global credit and debit card ...

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 ...