Describe the five components of an Information System? (2) A Banking Information System such as an online banking platform, allows banks to offer their customers convenient, efficient, and secure access to banking services anytime and anywhere. Customers can use it to manage their bank accounts, transfer funds, pay bills, and access other banking services. Question: Identify and provide examples of each component of an online Banking Information System? Briefly explain their role in the system's overall functioning to provide customers with convenient, secure, and reliable access to banking services. For example: A online Banking Information System first component Hardware, includes servers that store customer data and manage transactions, and so on.