AWS re:Invent 2021 - Discover Financial Services: Payments mainframe to cloud platform

Discover Financial Services, a leading digital bank and payments company, transformed its payments business on AWS to enhance card-settlement capabilities and adapt to global market conditions while maintaining a highly secure network. In this session, Discover discusses the opportunity to improve its legacy system, the next-generation platform architecture on AWS, and the benefits of adopting pricing changes within 3 weeks (rather than 6 months). This session shares lessons learned from migrating from a batch-oriented mainframe to an internet-scale, PCI-compliant and resilient platform powered by Amazon EMR, AWS Lambda, Amazon DynamoDB, and Amazon RDS. The result: Discover now processes 4 million transaction records in 9 minutes. Learn more about re:Invent 2021 at https://bit.ly/3IvOLtK Subscribe: More AWS videos http://bit.ly/2O3zS75 More AWS events videos http://bit.ly/316g9t4 ABOUT AWS Amazon Web Services (AWS) hosts events, both online and in-person, bringing the cloud computing community together to connect, collaborate, and learn from AWS experts. AWS is the world’s most comprehensive and broadly adopted cloud platform, offering over 200 fully featured services from data centers globally. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—are using AWS to lower costs, become more agile, and innovate faster. #AWS #AmazonWebServices #CloudComputing