Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Amilcar has 10 years of FinTech, blockchain, ...

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 ...

(1) Processing a group of files or databases from start to completion rather than having the user open, edit and save each of them one at a time. For example, a graphics conversion utility can change ...