American Express As A Multinational Financial Service...

Critical Facts †¢ American express is a multinational financial service provider company which offers customers with services such as personal credit cards, small business credit cards, corporate cards, prepaid cards, savings, accounts CDs. (American Express, 2014). †¢ Enterprise architecture (EA) are implemented to serve two major functions 1) to provide a framework to collaborate between business and IT processes 2) EA provides a crucial link for bringing transformational changes (Knorr LeClare, 2011). †¢ American Express was named the InfoWorld/Forrester Enterprise Architecture Award for its EA practices and its framework which was used to allign its business and IT processes which was the change agent to streamline the processeses of its business which was possinle with the help of IT. (Saunders Pearlson, 2013). †¢ New payment methods had to be introduced as mobile payments were starting to be seen and was tapping the leaders of American Express. Leaders were thinking about having additional delivery channels as these new form of payments requried shorter time to market payment products and services and products. (Saunders Pearlson, 2013). †¢ Leaders of American Express had to closely work with multiple solutions delivery team as they had to come up with same applications and strategies. These strategies that were formulated to get a road map that included instructions, actions, and metrics so successes of these actions could be measured. This road mapShow MoreRelatedAn Overview of Multinational Companies4189 Words   |  17 Pagesglobal management. Very large multinationals have budgets that exceed those of many small countries. Sometimes referred to as a transnational corporation A multinational corporation (MNC) or multinational enterprise (MNE) is a corporation enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation. 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