COBOL: Not Just for Old Credit Card Hacks

Visa To Use Rambus Tokenization To Extend Into More Payment Networks

Visa To Use Rambus Tokenization To Extend Into More Payment Networks

COBOL, an acronym for “Common business-oriented language,” seemed like rocket science when I first learned it, but frankly, Jimmy Carter was president. Today, many a young techie looks down at the code as if you were talking about Greek or Latin.

This article from DataCenter Knowledge offers a different opinion. In fact, the article mentions that COBOL is a foundational component of credit cards today.

The reason behind New Jersey’s issue: No Programmers!  Have they all moved to Florida?

The Garden State, Home of Princeton and Rutgers, lacks COBOL Coders?  Back in the Day, Citi flew in COBOL coders from Minneapolis to Sioux Falls in the 1980s!

Even IBM relies on COBOL, Both IBM and COBOL are alive and well.

If you can conjugate a verb in Latin, you can probably learn COBOL.

And, the advice of Cameron Seay, who teaches COBOL at East Carolina University in North Carolina and co-chairs the Open Mainframe Project’s COBOL Working Group:

But for me, knowing COBOL is a lesson in logic that offered a career edge when coupled with business knowledge.  If you can conjugate a Latin verb, you might still remember the four divisions in the COBOL structure.   For the uninitiated, those divisions are identification, environment, data, and procedure.


COBOL aeternum = COBOL lives forever.

Overview by Brian Riley, Director, Credit Advisory Service at Mercator Advisory Group

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