Describe ‘Networked Bank’ and its main components. Explain the major technologies which are used in a Networked bank.  

A networked bank is a financial institution that operates using a network of interconnected devices and systems to provide customers with a wide range of banking services. The primary objective of a networked bank is to provide customers with a seamless and convenient banking experience. In this modern age of digital banking, networked banks have become the norm, and their success is heavily dependent on the technologies they employ. In this article, we will explore the main components of a networked bank and the technologies that enable its operation.

Main Components of a Networked Bank

1. Core Banking System (CBS) The core banking system is the backbone of a networked bank. It is a centralized platform that manages all the bank's operations, including account management, customer relationship management, and transaction processing. The CBS enables the bank to offer a wide range of services, including savings and checking accounts, loans, and credit facilities.

2. Customer Relationship Management (CRM) The CRM system helps the bank manage its interactions with customers, including account opening, customer support, and _______ _____ __________ ____ _________ ________ _______ _________ _____.
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