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Bank of Ceylon
Location
01 Bank of Ceylon Mawatha,
Colombo, 100,
Sri Lanka
Website
https://www.boc.lk/
Phone
94 112 204 444
Artw industry
Banking and Financial Services
Employee
Revenue

Bank of Ceylon Technographics

Bank of Ceylon Software Purchases and Digital Transformation Initiatives

Discover the latest software purchases and digital transformation initiatives being undertaken by Bank of Ceylon and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 8500 Bank of Ceylon 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 of Ceylon has purchased the following applications: PayMedia DirectPay for Payment Processing in 2018, Fiserv Signature Bank Platform for Core Banking in 2016, PayMedia eKYC for Computer Vision in 2024 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 of Ceylon is running and its propensity to invest more and deepen its relationship with PayMedia , Fiserv , Finastra 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 of Ceylon revenues, which have grown to $1.50 billion 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 of Ceylon 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 of Ceylon Data, Technology Stack, and Enterprise Applications
ERP Financial Management
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
PayMedia Legacy PayMedia DirectPay Payment Processing ERP Financial Management n/a 2018 2018
In 2018 Bank of Ceylon implemented PayMedia DirectPay as a Payment Processing component within its BOC FLEX digital banking platform in Sri Lanka. PayMedia DirectPay provided payment components to support real time transactions, integrations and modern payment acceptance for customers. Implementation concentrated on payment gateway integration and real time transaction processing modules, using PayMedia DirectPay to centralize payment acceptance workflows and authorize transactional payments initiated from digital channels. Functional capabilities deployed included gateway connectivity, payment orchestration and standard tokenization and security functions aligned with Payment Processing practices. Configuration focused on channel routing and transaction state handling to allow bank systems to capture and respond to payment events. The deployment integrated PayMedia DirectPay with the BOC FLEX digital banking platform and with bank operational workflows for authorization, settlement and reconciliation, enabling transaction orchestration inside digital banking flows. Operational scope covered retail digital channels and customer payments across Bank of Ceylon electronic banking services in Sri Lanka. Governance emphasized embedding payment processing controls into existing banking workflows and operational monitoring to manage transaction flows.
ERP Services and Operations
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Fiserv Legacy Fiserv Signature Bank Platform Core Banking ERP Services and Operations n/a 2016 2016
Core Banking ERP Services and Operations 2018 2018
AI-Powered Application
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
PayMedia Legacy PayMedia eKYC Computer Vision AI-Powered Application n/a 2024 2025
In 2024, Bank of Ceylon implemented PayMedia eKYC as part of the BOC Flex digital banking and mobile onboarding platform. The PayMedia eKYC implementation leveraged Computer Vision capabilities for identity document capture and automated OCR, facial recognition with liveness checks, and structured data extraction to drive KYC decisioning inside the onboarding flow. The deployment functioned as a mobile-first onboarding layer embedded in BOC Flex to support customer onboarding and retail finance operations across Sri Lanka, with PayMedia eKYC handling identity capture, verification gating, and evidence retention for downstream processing. Governance and workflow changes formalized verification handoffs and identity checkpoints within digital account opening and loan application processes, and the implementation improved digital onboarding capacity and was recognised at the NBQSA 2025 awards.
Content Management
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Digital Signing Content Management 2024 2025
eCommerce
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Shopping Cart Management eCommerce 2020 2020
Investment Management
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Trading Platform Investment Management 2004 2004
TRM
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
AML, Fraud and Compliance TRM 2019 2019
IaaS
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Application Hosting and Computing Services IaaS 2021 2021
CyberSecurity
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Secure Web Gateways (SWG) CyberSecurity 2011 2011
IT Decision Makers and Key Stakeholders at Bank of Ceylon
First Name Last Name Title Function Department Email Phone
No data found
Show All Contacts
Apps Being Evaluated by Bank of Ceylon Executives
Date Company Status Vendor Product Category Market
No data found
FAQ - APPS RUN THE WORLD Bank of Ceylon Technographics

Bank of Ceylon is a Banking and Financial Services organization based in Sri Lanka, with around 8500 employees and annual revenues of $1.50 billion.

Bank of Ceylon operates a diverse technology stack with applications such as PayMedia DirectPay, Fiserv Signature Bank Platform and PayMedia eKYC, covering areas like Payment Processing, Core Banking and Computer Vision.

Bank of Ceylon has invested in cloud applications and AI-driven platforms to optimize efficiency and growth, collaborating with vendors such as PayMedia and Fiserv.

Bank of Ceylon recently adopted applications including PayMedia eKYC in 2024, PayMedia Digital Signature in 2024 and Microsoft Azure Cloud Services in 2021, highlighting its ongoing modernization strategy.

APPS RUN THE WORLD maintains an up-to-date database of Bank of Ceylon’s key decision makers and IT executives, available to Premium subscribers.

Our research team continuously updates Bank of Ceylon’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 of Ceylon technographics profile, including detailed breakdowns by category, vendor, and IT decision makers.