The know it all took a few days for this. ING is partially a bank but they still shut down their challenger “quasi bank” YOLT. And the other challenger “banks” are struggling. Funny how that happens when the cost of money increases. And investors want profits and returns for their investments.
Sent from Yahoo Mail for iPhone On Thursday, April 6, 2023, 5:59 PM, David Crayford <dcrayf...@gmail.com> wrote: > On 5 Apr 2023, at 11:20, Bill Johnson > <00000047540adefe-dmarc-requ...@listserv.ua.edu> wrote: > > I remember this. > David Crayford said: > ”I'm calling BS. None of the challenger banks (Startling, Yolt, Monzo, > Moneze, N26 etc) run mainframes. They have millions of customers and are > gaining millions by the week at the expense of traditional banks.” > > > > > My response > > Most of those “banks” aren’t banks and most of them are kaput. > > > > > How’s those challenger banks doing? > YOLT = owned by ING (who runs a mainframe) is being shut down.MONZO = CEO > jumped ship. Not going well.N26 = pulled out of the US. ING moved off the mainframe a couple of years ago. > MONEZE = actually spelled MONESE. Doesn’t look like they are replacing JP > Morgan any time soon.STARLING = tiny barely staying viable. > Many are charging fees now. Amazing that investors always want some revenue > (and eventually profit) to justify the investment. > Having millions of mostly poor customers isn’t exactly a booming business > model. > So I’ll repeat. 95% of banks use the mainframe. Not these fake banks. > > > > > > Sent from Yahoo Mail for iPhone > > > On Monday, March 27, 2023, 11:33 PM, Bill Johnson > <00000047540adefe-dmarc-requ...@listserv.ua.edu> wrote: > > You said internet banking was going to destroy large banks. How’s that > working out? > Microfocus COBOL isn’t regular COBOL. And is a tiny fraction of the COBOL > market. > > > Sent from Yahoo Mail for iPhone > > > On Monday, March 27, 2023, 11:26 PM, David Crayford <dcrayf...@gmail.com> > wrote: > >> On 27/3/23 22:07, Bill Johnson wrote: >> +1 >> About a year or so ago I posted about the number of lines of COBOL code in >> use worldwide and stated COBOL was going to be the language of choice for >> many decades to come. Estimates say 800 billion lines (and growing) in use >> today. As usual, I was attacked for my fact based opinion. >> https://www.zdnet.com/article/programming-languages-how-much-cobol-code-is-out-there-the-answer-might-surprise-you/ > > Facts! You've quoted an article from the internet! > > "The study, commissioned by IT company Micro Focus and conducted by > research and analysis firm Vanson Bourne" > > Micro Focus is a vendor who hawks COBOL compilers and IDE's. It's a bit > like McDonalds commissioning research on the health benefits of Big Mac's. > > >> >> >> >> Sent from Yahoo Mail for iPhone >> >> >> On Monday, March 27, 2023, 1:56 AM, Farley, Peter >> <0000031df298a9da-dmarc-requ...@listserv.ua.edu> wrote: >> >> I am getting increasingly tired of snide or outright dismissive references >> to COBOL and by extension to COBOL programmers. >> >> Programmers like me. >> >> Yes, I am also well versed in HLASM, Rexx, awk and gawk, somewhat facile in >> SORT (at least as far as knowing and using JOIN's), SQL, JCL and various >> other z/OS utilities, MetalC, and lately python and bash scripting. I even >> remember some of the PL/I and Fortran and Pascal I used in college and my >> early employment days. I even remember some SNOBOL, which I actually got to >> use productively at a then-major NY bank very early in my career. >> >> COBOL pays my bills and keeps my employer operating successfully and >> profitably. >> >> COBOL does NOT rot the brain. Alcohol and various other legal and illegal >> substances can, in fact, do that. Intelligently devising business solutions >> to business problems in ANY computer language does NOT rot the brain. >> >> It is not funny or acceptable to say so. It never was. >> >> Peter >> >> -----Original Message----- >> From: IBM Mainframe Discussion List <IBM-MAIN@LISTSERV.UA.EDU> On Behalf Of >> Paul Gilmartin >> Sent: Sunday, March 26, 2023 8:14 PM >> To: IBM-MAIN@LISTSERV.UA.EDU >> Subject: Re: ASM call by value >> >> On Sun, 26 Mar 2023 23:18:49 +0000, Frank Swarbrick wrote: >> >> <Snipped> >> >>> In COBOL, for example, the following end up doing the same thing. >>> >> Do not use CO BOL as an exemplar of programming discipline. Cobol rots the >> brain. >> >> -- >> >> This message and any attachments are intended only for the use of the >> addressee and may contain information that is privileged and confidential. >> If the reader of the message is not the intended recipient or an authorized >> representative of the intended recipient, you are hereby notified that any >> dissemination of this communication is strictly prohibited. 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