Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J Catalano is a CFP and Registered ...

(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 ...

We live in a business world that craves instantaneous response times, especially in terms of the responsiveness of modern transactional applications. Customers expect to make a money transfer, pay a ...

The earliest business computer systems developed in the 1950s demonstrated their efficiency by processing records in large batches. In the 1960s, equipment makers introduced interactive terminals, ...