Which Banks Use Mainframes?

Which Banks Use Mainframes?

The long answer is that mainframes are still a crucial resource in industries like the following:
  • Banking. 44 of the top 50 banks use IBM Z mainframes. ...
  • Insurance. IBM z mainframes are used by all top 10 insurers worldwide. ...
  • Healthcare. ...
  • Government. ...
  • Aviation. ...
  • Retail.

Do banks still use mainframe?

Many companies, including banks, are still buying and maintaining mainframes despite a global shift to the cloud. IBM is seeing an increase in mainframe sales.

How many banks still use mainframes?

According to IBM, 44 of the top 50 banks use its mainframes. But though banks continue to lean on mainframes to process most transactions, including payments, experts wonder whether they are paying enough attention to this PCI recommendation.

Elena Rostova
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Elena Rostova

Elena Rostova holds a Master's degree in Public Health Journalism. She covers groundbreaking medical research, holistic wellness trends, mental health awareness, and nutritional science.