PaymentsSource: LzLabs offers legacy system mainframe conversion to cloud

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Cloud-based mainframe provider LzLabs is expanding into the North American market, seeking to help banks, payment companies, insurance providers, telcos and government entities convert legacy mainframes to software-based platforms.

Switzerland-based LzLabs provides software and services through its Software Defined Mainframe to help companies move mainframe business applications and data to modern systems, citing an ability to save money as well as more easily adapt to new technologies in the future.

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