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What (who) is transaction processing - definition
Transaction processing
INFORMATION PROCESSING THAT IS DIVIDED INTO INDIVIDUAL, INDIVISIBLE OPERATIONS
Transaction manager; Credit transaction; Extreme Transaction Processing; Extreme transaction processing
Transaction processing is information processing in computer science that is divided into individual, indivisible operations called transactions. Each transaction must succeed or fail as a complete unit; it can never be only partially complete.
Telecommunication transaction processing systems
Telecommunication networks can generate a vast amount of transactions where each transaction contains information about a particular subscriber's activity. Telecommunication network consist of various interacting devices and platforms.
Transaction Processing Management System
ONLINE TRANSACTION PROCESSING SUPERSTRUCTURE SOFTWARE
Transaction Processing Management System (TPMS)
Transaction Processing Management System (TPMS) is an online transaction processing superstructure software from ICL (now Fujitsu Services) that runs on their VME mainframe computers. The first versions were released in the mid-1970s and were sold worldwide.
Examples of use of transaction processing
1. MasterCard, Alanezi pointed out, provides state–of–the–art transaction processing and other payment solutions by interconnecting cardholders, merchants and financial institutions worldwide.
2. These systems are optimised for server consolidation and heavy transaction–processing loads, and are designed to protect and recover vital corporate data should there be an unplanned downtime.
3. The scope of the current work includes managing the client‘s existing Afghan Financial Management Information System (AFMIS, which was implemented by BearingPoint), continuing the deployment of AFMIS functions to line ministries and provincial administrations, transaction processing and reporting support, strengthening the client‘s cash management capabilities, and developing strategies for treasury processes and human resources management.
4. The company was founded in 1''' and is already providing a vast range of business process outsourcing solutions like transaction–processing services and Internet and voice–based customer care services to Global 1000 companies in banking, financial services and insurance segment.
5. The reality is that it has never been safer for consumers to use their MasterCard cards,» he said. «We take the lead in fostering collaboration among merchants, banks, law enforcement professionals and counterpart organizations throughout the world to help facilitate investigations and prosecution those involved in card fraud,» Rashid said, who is based at the MasterCard regional office in Dubai that oversees markets across South Asia, Middle East and Africa. «MasterCard provides a sophisticated set of transaction processing and other payment solutions and with the emergence of «smart» cards, number of frauds could go down further,» he said. «Our cardholders should have the peace of mind knowing that if their card was ever compromised, they would ultimately have the protection of our zero–liability policy, as with all MasterCard payment programs in South Asia, the Middle East and Africa‚« Rashid assured.