Re:IBM Announces Strategic Collaboration with Arm
by throwawaypath on Thursday April 02, 2026 @01:05PM
(#47617096)
Current generation of banking software is expanding on the mainframe:
IBM Z mainframes play a pivotal role in facilitating 87% of global credit card transactions, nearly $8 trillion in annual payments, and 29 billion ATM transactions each year, amounting to nearly $5 billion per day. Rosamilia highlighted the continuous growth in demand for capacity over the past decade, which has seen inventory expand by 3.5 times.
IBM Z mainframes play a pivotal role in facilitating 87% of global credit card transactions, nearly $8 trillion in annual payments, and 29 billion ATM transactions each year, amounting to nearly $5 billion per day. Rosamilia highlighted the continuous growth in demand for capacity over the past decade, which has seen inventory expand by 3.5 times.
https://thesiliconreview.com/2024/04/ibm-new-mainframe-web-t...