"Nested" Third-Party Senders - A Visual Representation

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Posted May 11, 2014 in by Argos Risk 

Financial institutions that originate for Third-Party Senders understand that these customers have customers of their own, better known as Sub-Originators. While working with our Argos Risk Online bank subscribers, we have discovered instances where Sub-Originators are actually originating transactions for their own customers. This type of Sub-Originator is known as a “Nested” Third-Party Sender. Confused yet? Click through this short presentation for a better explanation.