What are the roles of hardware software peripherals power supplies and communication links in a banking system?

In a banking system, hardware serves as the physical infrastructure, including servers and ATMs, enabling transaction processing and data storage. Software facilitates operations through applications for account management, transaction processing, and security measures. Peripherals, such as card readers and printers, enhance user interaction and transaction efficiency. Power supplies ensure uninterrupted operation, while communication links, like secure networks and internet connections, enable real-time data exchange and connectivity between branches and customers.