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Ibanera Launches Nested and Tokenized Compliance Framework to Address Risk in Banking Sector

GlobeNewswire LogoGlobeNewswire1d ago

Ibanera Launches Nested and Tokenized Compliance Framework to Address Risk in Banking Sector - GlobeNewswire

Quick Summary:

Nested Compliance is a concept conceived by Michael Carbonara, CEO of Ibanera, who comments: "Nested payments present inherent compliance risks in BaaS and fintech ecosystems, and often presents an Achilles heel that leaves them subject to heavy fines if not done properly.

This has included reliance on periodic KYC reviews and manual or semi-automated transaction monitoring tools, which were found to be time-consuming and vulnerable.  Ibanera’s new Nested Compliance concept introduces high-level automation for KYC and AML processes for operational efficiency.

The upgraded system uses API-driven, real-time compliance monitoring with early warning triggers for expiring KYC, automated counterparty verification, and embedded reporting to speed up processes and keep detailed records for audit purposes.

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Article Details

Author / Journalist: Ibanera

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-24 @ 12:37:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 418 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 28190951

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 29 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 9 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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The story "Ibanera Launches Nested and Tokenized Compliance Framework to Address Risk in Banking Sector" was covered 1 days ago by GlobeNewswire, a news publisher based in China.

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  • URL: https://chronographically.beamstart.com/news/ibanera-launches-nested-and-tokenized-174549835057

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