Bank Alfalah
13th floor, Emerald Tower, Block 5 Clifton,
Karachi, 75600,
Pakistan
Karachi, 75600,
Pakistan
92 21 111 777 786
Banking and Financial Services
Bank Alfalah Technographics
Bank Alfalah Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Bank Alfalah and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 14738 Bank Alfalah employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Bank Alfalah has purchased the following applications: EZ Wage for Earned Wage Access in 2022, Temenos T24 for Core Banking in 2008, ConsenSys Quorum for Blockchain Platform in 2019 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Bank Alfalah is running and its propensity to invest more and deepen its relationship with EZ Wage , Dahua Technology , Temenos or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Bank Alfalah revenues, which have grown to $550.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Bank Alfalah intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Bank Alfalah Tech Stack and Enterprise Applications
HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| EZ Wage | Legacy | EZ Wage | Earned Wage Access | HCM | n/a | 2022 | 2022 |
In 2022, Bank Alfalah partnered with EZ Wage to implement EZ Wage in the Earned Wage Access category. The collaboration announced in August 2022 designated Bank Alfalah as EZ Wage's digital payments partner to enable earned wage access disbursements across Pakistan.
Implementation focused on routing real-time earned wage disbursements from payroll and finance systems into employees' bank accounts, using EZ Wage's payroll and payment integration capabilities. Configuration emphasized secure payout routing and settlement orchestration, leveraging bank-grade payment rails and API-based disbursement flows typical of Earned Wage Access deployments.
Operational coverage was nationwide across Pakistan, and primary business functions impacted were payroll and finance operations that required on-demand payout capability. The integration used Bank Alfalah infrastructure for secure, real-time payouts as part of EZ Wage's payroll and payment integration, positioning the bank as the transaction routing and settlement layer.
Governance was structured around the partnership model with Bank Alfalah acting as the payments infrastructure provider, with rollout coordination to support payroll disbursements and transfers to employees' bank accounts. The arrangement enabled secure, real-time EWA disbursements as described in the public announcement.
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Time Clock (Hardware) | HCM |
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2023 | 2023 |
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ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Temenos | Legacy | Temenos T24 | Core Banking | ERP Services and Operations | n/a | 2008 | 2009 |
In 2008, Bank Alfalah implemented Temenos T24 as its enterprise Core Banking platform, deploying Temenos T24 to consolidate transaction processing and customer account management across its Pakistan operations. The implementation positioned Temenos T24 as the bank’s primary Core Banking application for day to day banking operations and back office processing.
The Temenos T24 deployment focused on Core Banking functional modules typical for a universal bank, including account management, deposit processing, lending and loan servicing, payments and collections, and general ledger posting. Configuration and parameterization emphasized centralized product definitions, client data models, and teller and branch workflows, reflecting standard Core Banking capabilities and the T24 Core Banking Application footprint.
Operational coverage combined the Temenos T24 Core Banking system with the bank’s SWIFT System, enabling interbank messaging and cross border payment flows through integrated payment interfaces. Administration, operations, and support were structured around a centralized operations team, with a named Sr. Manager Admin, Operation & Support accountable for day to day administration and incident handling of Temenos T24 and SWIFT, and governance enforced via centralized administration and operational support processes across Bank Alfalah’s branch network in Pakistan.
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Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| ConsenSys | Legacy | ConsenSys Quorum | Blockchain Platform | Blockchain | n/a | 2019 | 2019 |
In 2019, Bank Alfalah implemented ConsenSys Quorum as its Blockchain Platform. Bank Alfalah is listed among participating banks in JP Morgan’s Interbank Information Network, a permissioned network that uses Quorum to exchange payments compliance data, secure messaging, and document transfers among correspondent banks.
The deployment centered on a permissioned ledger architecture with dedicated validator nodes, private transaction capability, smart contract-based data models, and role-based access controls. ConsenSys Quorum was configured to expose enterprise-grade JSON-RPC APIs and off-chain document handling interfaces, aligning with standard Blockchain Platform patterns for transaction privacy and auditable state transitions.
Operational coverage targeted correspondent banking and payment compliance workflows, enabling multi-party simultaneous interactions for problem payment resolution and secure exchange of compliance-relevant information. The implementation incorporated consortium-style permissioning and transaction-level privacy controls to support controlled data sharing between participating banks and internal functions such as treasury and compliance.
Governance was structured around permissioned access, transaction validation workflows, and on-chain smart contract controls to coordinate information requests and responses across counterparties. These controls aligned Bank Alfalah’s ConsenSys Quorum deployment with the Interbank Information Network objective of improving cross-border payment communications and compliance messaging at network scale.
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Audio Video and Web Conferencing | Collaboration |
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2017 | 2017 |
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Collaboration | Collaboration |
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2015 | 2015 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Customer Experience, CRM | CRM |
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2022 | 2023 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2019 | 2019 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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Physical Security
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Video Surveillance System | Physical Security |
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2023 | 2023 |
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IT Decision Makers and Key Stakeholders at Bank Alfalah
| First Name | Last Name | Title | Function | Department | Phone | |
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Apps Being Evaluated by Bank Alfalah Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from Bank Alfalah IT executives and key decision makers. This section highlights Bank Alfalah's latest recorded technology evaluations, including Temenos T24 for Core Banking on 2025-05-28. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the Bank Alfalah digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
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| No data found | ||||||
FAQ - APPS RUN THE WORLD Bank Alfalah Technographics
Bank Alfalah is a Banking and Financial Services organization based in Pakistan,
with around 14738 employees and annual revenues of $550.0 million.
Bank Alfalah operates a diverse technology stack with applications such as
EZ Wage, Temenos T24 and ConsenSys Quorum,
covering areas like Earned Wage Access, Core Banking and Blockchain Platform.
Bank Alfalah has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as EZ Wage, Temenos and ConsenSys.
Bank Alfalah recently adopted applications including
Dahua Access Control and Terminal in 2023, Dahua Security System (DSS) in 2023 and EZ Wage in 2022,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Bank Alfalah’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Bank Alfalah’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete Bank Alfalah technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.