FUNDAMENTALS OF COMPUTER

TELECOMMUNICATIONS SYSTEMS

COMMUNICATION WIRELESS COMPUTING DEVICES

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which is the most appropriate type of network for a network of bank cash machines?

A	LAN
B	WAN
C	Either A or B
D	None of the above

Explanation:

Detailed explanation-1: -An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belong to another member of the network.

Detailed explanation-2: -WAN (Wide Area Network) optimization is an important part of enterprise network strategy for financial institutions. Community banks and credit unions utilize their WAN’s to transmit data to and from their branches and carry out daily functions regardless of location.

Detailed explanation-3: -A local area network, or LAN, is the most common network type.

Detailed explanation-4: -Answer: Star topology is used for banking sector.

There is 1 question to complete.