American Express Creates New Technology Hub in Silicon Valley
December 11 2014 - 11:51AM
Business Wire
Palo Alto-based technology team will build new capabilities in
big data, cloud computing and mobile
American Express (NYSE:AXP) today announced the opening of a new
technology hub in Palo Alto, expanding its presence in Silicon
Valley. The new team being assembled will focus on innovations in
big data, cloud computing and mobile infrastructure.
“Technology innovation is driving the company’s ongoing digital
transformation, and our team in Silicon Valley is focusing on core
capabilities that we expect to be key to our ability to continue to
innovate and move our business forward,” said Marc Gordon,
Executive Vice President and Chief Information Officer. “By
developing infrastructure and frameworks to be used broadly across
the organization, the team in Palo Alto will play a crucial role in
our global business growth and future success.”
Chief Technology Officer Nik Sathe, who previously served in
executive roles at Google and PayPal, overseeing the development of
digital payments capabilities and platforms, will be the senior
executive based at the Palo Alto hub.
Over time, American Express expects to employ some 200
individuals in the Palo Alto hub. The company chose the location,
in part, to cultivate the technology talent building their skills
locally at technology firms, in the start-up community and at area
universities.
“The Silicon Valley is rich in technology talent who will be
instrumental in building the platforms that enable the delivery of
products and services that continue to enhance our customers’
experience and address their ever-evolving needs,” stated Nik
Sathe. “Engineers at American Express have the opportunity to scale
their impact across hundreds of our developers and millions of our
loyal customers around the globe. We’re excited to be able to tap
into the Silicon Valley talent pool to grow this team and set up
our business for long-term success.” The company’s recent
technology-driven innovations include American Express® Card
availability on Apple Pay™, and the capability for eligible U.S.
Card Members enrolled in the Membership Rewards® program to redeem
points in select McDonald’s restaurants, through the Uber app and
in certain New York City taxi cabs.* The Technology team last month
also announced the redesign of its customer website, which employs
“responsive” design that delivers a high-quality web experience
across all form factors – desktops, laptops and mobile devices.
The new location also houses the American Express Ventures team,
which since 2011 has been investing in early stage start-ups in the
areas of digital commerce, financial inclusion and core
capabilities such as data and analytics, security and
servicing.
About American Express
American Express is a global services company, providing
customers with access to products, insights and experiences that
enrich lives and build business success. Learn more at
americanexpress.com and connect with us on
facebook.com/americanexpress, foursquare.com/americanexpress,
linkedin.com/company/american-express, twitter.com/americanexpress,
and youtube.com/americanexpress.
Key links to products and services: charge and credit cards,
business credit cards, travel services, gift cards, prepaid cards,
merchant services, corporate card, and business travel.
*Terms and conditions apply to the programs mentioned above. See
here for more details:
- Apple Pay™ with American Express
- Membership Rewards® program
- Membership Rewards® - McDonald’s
- Membership Rewards® - Uber
- Membership Rewards® - Taxi The
capability to redeem Membership Rewards® points at McDonald’s is
expected to roll out to all participating U.S. locations by
December 2014.Trademarks and/or registered trademarks are owned by
their respective companies.
American ExpressGerilyn Cammaroto,
212-640-1550gerilyn.cammaroto@aexp.comorAiessa Moyna,
212-640-2020aiessa.m.moyna@aexp.com
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