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Is old tech putting banks under threat of extinction?
- uselpa 11y agoYet another useless "the mainframe is dead" article. While some banks might have these issues, it's not because the mainframe is slow (it isn't) or has been around for a while. It is because of IT mismanagement and/or because IT has lost its importance in the bank's strategy. This article is FUD and not up to BBC standards.
- mchahn 11y agoThe sky is falling! The technology that banks use has nothing to do with whether their business models succeed. It is strange that it takes computer experts to realize that computers don't matter much. I had friends that were freaked out about Y2K and I kept telling them over and over to not worry. Computers fail constantly and the world doesn't end.