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Real-Time Processing (RTP)
Real-Time Processing (RTP) refers to the immediate execution and completion of data processing tasks and transactions as they occur. This allows for instant updates, reports, and responses to data inputs, enabling decisions or actions to be made without additional delay.
RTP ensures transactions are processed instantly, making them vital for fraud detection, customer service, and similar sectors requiring quick data updates and responses. RTP requires robust infrastructure and advanced technology that can manage real-time data flow securely and efficiently.