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Convergence of networks refers to the integration of previously separate communication systems such as data, voice, and video networks into a single, unified infrastructure. In the context of electronic banking and IT in banks, network convergence enables banks to streamline their operations, reduce costs, and enhance service delivery by utilizing a single network to support multiple types of communication and data transmission. In traditional banking setups, different networks were used for different services—for instance, separate infrastructure for telephony, internet services, and data management systems. With convergence, banks can use a single IP-based network to manage all these services efficiently. This unified approach not _____ _____ _____ ________ _____ _____ _______ ___ __________.
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