Tuesday, April 25, 2017

Banks should let ancient programming language COBOL die

We did a piece the other day about how learning the ancient programming language COBOL could make you bank. It was meant as a fun little article about the weird fact that large parts of our banking system is written in a programming language from 1959. It sounded pretty funny, but we soon started thinking “How can this actually make sense?” In our ultra-tech driven present, how can it be that our financial systems are still written in COBOL? Which can only maintained by small group of veterans, that grows thinner every day. We reached out to Daniel Döderlein, CEO of Auka,…

This story continues at The Next Web

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