COBOL- The 66-year-old program that's running world's biggest banks

There has been a sudden rise in COBOL specialists among Banks and insurance firms, and they are ready to pay higher salaries ...

How this 65-year-old programming language that powers world's 9% ATMs is making companies spend millions to keep it running

Despite its age, COBOL remains the critical backbone of the global financial system, handling trillions daily. As its ...
Computerworld

The Cobol Brain Drain

David Brown is worried. As managing director of the IT transformation group at Bank of New York Mellon, he is responsible for the health and welfare of 112,500 Cobol programs — 343 million lines of ...
TechSpot

IBM launches AI-powered Watsonx for translating COBOL programs into Java code

In context: Despite being designed in 1959, the COBOL programming language is still widely used in applications deployed on mainframe computers. COBOL offers secure, reliable and transactional ...