CLPS Incorporation - FinTecBuzz

CLPS Launches AI Solution for COBOL-to-Java Banking Migration

March 13, 20266 min

CLPS Incorporation the successful launch of its proprietary AI-driven intelligent migration solution. Designed to transition legacy COBOL systems to Java, this solution represents a significant advancement in the digital transformation of retail banking and core banking infrastructures. The Evolution of COBOL in Modern Finance Since its inception in the 1960s, COBOL (Common Business-Oriented Language) has served as the backbone of global financial transaction systems. Valued for its stability and efficient processing capabilities, COBOL continues to...

by PRNewswire

Platforms

CLPS Integrates Stablecoins into Credit Card Platform

October 27, 20256 min

CLPS Incorporation, today announced, through its wholly-owned Hong Kong subsidiary, Qinson Credit Card Services Limited, the integration of major stablecoin payment and settlement functions into its core credit card system, CAKU. A stablecoin is a type of digital financial instrument that uses crypto-native programmable contracts to maintain price stability by being pegged to a real-world asset, such as a fiat currency. This strategic move is a significant step for CLPS in bridging established payment networks...