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 ...

A COBOL (common business oriented language)-based system used to support New York’s $160 billion state pension fund has become the subject of controversy, with some officials claiming it poses a ...

The COBOL programming language was created in 1959 and has been widely seen as obsolete for decades. Yet there are still a fair number of software systems based on the language. The economic stresses ...

Despite it being more than 60 years old, it is thought that around 70% of large corporations – including those in the government, banking, finance, insurance, and automotive industries – still rely on ...

1952 – “Amazing" Grace Hopper begins development of natural language programming languages that would lead to Flowmatic, the precursor of Cobol. 1959 – First Cobol specifications completed in December ...

Some states have found themselves in need of people who know a 60-year-old programming language called COBOL to retrofit the antiquated government systems now struggling to process the deluge of ...

The last thing you need when you've lost your job is to be unable to file for unemployment. Or, if you're short on funds, to be stuck waiting for your stimulus check. Unfortunately, that's exactly ...

TL;DR: Rumors have been circulating about millions of deceased individuals allegedly receiving Social Security checks. However, this sensational claim is far from the truth. The real story is a ...

December 9, 2013 marked what would have been the 107 th birthday of Grace Hopper, an American computer scientist, naval admiral, and the Mother of COBOL. Created in 1959, COBOL is the development ...

A COBOL (common business oriented language)-based system used to support New York’s US$160 billion state pension fund has become the subject of controversy, with some officials claiming it poses a ...