Digital banking platform Ibanera announced the launch of its ‘Nested Compliance’. Produced by the company CEO, Michael Carbonara, the infrastructure directly combats current risks faced by the Fintech and Banking as a Service (BaaS) industry. The framework differs from current financial compliance processes by automating KYC and AML processes while adopting a layered and tokenized design that embeds compliance across its vast customer network. 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. The framework also debuts a unique design that tokenizes compliance. Sensitive data is replaced with unique identifiers, minimizing PII (Personally Identifiable Information) exposure risk. The tokenized design also creates a system where compliance is traceable and verifiable across complex networks of users, simplifying financial relationships and the overall compliance process. Through this, layered transactions are secure, monitored, and compliant with FATF, FINCEN, and global Anti-Money Laundering (AML) regulations. The new Nested Compliance protocol is being rolled out on Ibanera’s ecosystem this year and is available for customers and partners. Key updates include real-time risk assessments of counterparty data, along with ongoing AML checks to prevent illicit activities within nested payment structures.