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Financial Accounting Program Cobol Zip Code InSee popular questions answers about Amazon Web Services, Inc. Sr. Specialist Developer - Mainframe COBOL, VSAM, JCL, DB2. You can change your consent settings at any time by unsubscribing or as detailed in our terms. In the US, around 80 percent of in-person transactions and 95 percent of ATM swipes are based on programs written in COBOL. The problem is theres not enough people to maintain the current COBOL-based systems. Only a few universities are still teaching COBOL but its not enough to meet demand. But the difficult thing about getting new people is that COBOL isnt as sexy as working with Elixir, or Golang. That isnt necessarily true as theres still new development and extending of COBOL applications being done, but the reputation persists. The change ended up costing around 750 million dollars, which is why many banks have opted for trying to keep their COBOL systems going. So if youre a programmer who doesnt mind working in a slowly dying but fairly lucrative field, then COBOL might be just the thing for you.
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