Part 7/13:
Historically reliant on on-premises infrastructure, American Express is now transitioning toward cloud adoption to accelerate agility and reduce latency. This migration has already demonstrated promising results, with batch process cycle times reduced by up to 90%, allowing for faster insights, timely fraud detection, and improved business decision-making.
Moving to cloud infrastructure is crucial for addressing the lag between data acquisition from external sources and decision execution, thus enabling real-time risk assessments in a rapidly changing environment.