Paul Renner - C6 Intelligence

 

Paul Renner is the co-founder of C6 Intelligence Information Systems which is used daily by banks, financial institutions, insurance companies, and regulators to take a risk-based approach to managing fraud, money laundering and staff compliance risks.

The C6 Intelligence database was created to provide a unique and powerful source of information for those legitimately charged with investigating fraud and money laundering activities. The C6 Intelligence Information Database system is capable of meeting the need to quickly and accurately check an individual or company background. C6 was launched in November 2004 at the UK ACPO Conference (Association of Chief Police Officers) after several years of development.

Paul Renner is also the co-author of ”Preventing Financial Instrument Fraud – The Money Launderer’s Tool”, originally published by the ICC (International Chamber of Commerce) Commercial Crime Services(CCS), now called the ICC Financial Investigation Bureau. The fraud models described within the publication has been referenced by the UK City of London Police and prosecution services, to support their case and secure convictions against fraudsters.

This page contains articles and references to Paul Renner C6 Intelligence

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Paul Renner - C6 Intelligence article:

What is Money Laundering?

The 3 stages of Money Laundering: Placement, Layering, Integration

 

Money Laundering Example

 

See: http://paulrenner.com/C6-Intelligence/paul-renner-c6-kycmap-what-is-money-laundering.html

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

C6 Intelligence Announces Purchase of Pneuron Distributed Analytics Platform for Creation of Next-Generation Fraud and Identity Theft Solutions

             

July 22, 2014 - WOBURN, Mass.— Pneuron Corporation, the pioneer of the distributed solutions category, today announced C6 Intelligence has licensed Pneuron’s Distributed Platform for the design, development and deployment of next generation B2B and B2C global risk and fraud solutions.

“C6 combined with Pneuron’s unique abilities will be at the forefront of that battle.”

The implementation will enable C6 to access thousands of different data sources around the world to help their customers understand their vulnerability to the increasingly troubling threats of identity theft, brand protection and money laundering.

 

In the United States alone, it is expected 15 million individuals will have their identities used fraudulently each year with financial losses totaling upwards of $50 billion.

 

In the United Kingdom, the number has reached 4 million, with losses per individual reaching up to £9,000.

Fraud is traditionally identified when it has happened or is in the process of happening. Therefore, it is critical that individuals and companies are alerted to potential risk as early as possible so that they maximize loss prevention.

Using Pneuron, C6 will be able to identify, notify and interdict fraudulent activities much earlier in the lifecycle than any current industry process. The company will now be able to focus its resources on the various events that potentially trigger criminal activity. Examples include, when an identity is stolen, when that identity moves or is for sale in the “dark web.”

“Identity theft and resulting fraud will impact every one of us over the next decade. With the digitization of the retail market and social media, industrial-level fraud has shifted to focus on the consumer. We want our customers to understand an exposure, have time to act much earlier and avoid the stress caused by having to rectify stolen and illegally used credentials. We can only win the battle against criminal fraud with the powerful, distributed intelligence gathering and analysis that C6 and Pneuron together provide,” said Darren Innes, CEO of C6. “C6 combined with Pneuron’s unique abilities will be at the forefront of that battle.”

“Addressing fraud and identity theft with C6 is a great use case for Pneuron. Fraud represents a complex business problem that has long been considered insurmountable due to constantly changing data types, criminal techniques and accelerating timelines. With Pneuron, C6 has the ability to design, build and deploy uniquely powerful analysis and interdiction tools across constantly changing technology environments, without the traditional costs and risks of systems integration, infrastructure and manual resources,” said Simon Moss, CEO of Pneuron. “It is a game changer for this market and hopefully just in time given the growing magnitude of fraud and identity theft in the enterprise and consumer markets. Many thanks for C6 for an opportunity to work with them in such an exciting market opportunity.”

 

About C6 Intelligence Information Systems Limited

C6 Intelligence Group supplies up to the minute risk intelligence on individuals, companies and geographical locations. Covering PEP’s, Sanctions and Adverse media. We also produce a series of different EDD reports. Our latest offering “C6 Fraud” is a unique global database of stolen identities, which are actively being traded over the dark web with the sole purpose of defrauding individuals and companies. The data acquired through human intelligence rather than automated processes comprises of emails, passwords, bank account details and other highly sensitive data. We provide this data for the sole purpose of preventing identity theft, minimising losses to both individuals and organisations alike. For more information, visit us online at: C6-intelligence.com or LinkedIn.

For more information on the C6 Intelligence product range contact:

EMEA Office

Vita House, London Street

Basingstoke, RG21 7PG

United Kingdom

Telephone: +44 (0)1256 301510

Email: info @ c6-intelligence.com

Website: www.c6-intelligence.com

 

About Pneuron

Pneuron Corporation enables organizations to rapidly solve business problems through a groundbreaking, distributed approach that cuts across data, applications and processes. By targeting the right information at the data source, companies are no longer faced with the complex integration and infrastructure requirements of traditional approaches. Pneuron’s innovative Distributed Solutions Platform enables customers to accelerate business value and develop reports, products and applications in half the time and cost of traditional methods. Its distributed approach is non-invasive, technology-agnostic and leverages an organization’s existing infrastructure, avoiding the deployment risks and IT concerns that are prevalent in today’s centralized data projects. For more information, visit us online at: Pneuron.com, on Twitter or LinkedIn.

Contacts

Pneuron, Corp.
Thomas Fountain, 973-723-6405
Chief Technology Officer

PAN Communications
Britt Gottlieb, 617-502-4300

 

SOURCE: http://paulrenner.com/C6-Intelligence/c6-intelligence-announces-purchase-of-pneuron-distributed-analytics-platform-for-creation-of-next-generation-fraud-and-identity-theft-solutions.html

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

Colin Holder of C6 Intelligence to give Fraud Talk at BSCC event - "Identity theft, the next banking scandal! How fraudsters steal and resell your data"

Colin Holder C6 Intelligence - BSCC Fraud Talk

 

Business Lunch with Colin Holder of C6 Intelligence - Co-Founder & former Chairman, C6 Intelligence, and former New Scotland Yard and Serious Fraud Office Detective

Colin Holder, former New Scotland Yard and Serious Fraud Office Detective, will describe the real way fraudsters steal your identity and describe how financial services institutions respond to this crime.

Colin retired from the Metropolitan Police after a 30 year career as a Detective during which time he served on the Flying Squad and Fraud Squad as well as several other specialised postings. For much of the last ten years of his service at Scotland Yard, Colin was seconded to the Serious Fraud Office, where he participated in several investigations involving international arms and oil shipping frauds.

The He is considered to be one of the world’s leading experts on "Advance Fee" fraud and “Identity Theft” fraud and is a published author on the subjects. In 2001 he created the ‘Metropolitan Police Fraud Alert’ website, one of the most successful worldwide fraud resources of its kind. During his service, Colin conducted multi-million pound fraud and money laundering investigations in over 25 countries, and was the recipient of numerous Police commendations for his work.

In 2004, Colin was at the forefront of the creation of C6 Intelligence, the premier “KYC” and “Money Laundering” compliance database used by the many of the world’s leading financial institutions. C6 Intelligence Group supplies the world's leading organisations and data distributors with up-to-the-minute risk intelligence on individuals, companies and geographical locations, providing them with the ability to pinpoint the risks associated with dealing with unknown entities in various jurisdictions.

 

When:

Thursday, April 3, 2014

12:00 PM - 2:30 PM

 

Where:

Thomas Eggar LLP

14 New Street

London EC2M 4HE

 

For more details see: http://www.cvent.com/events/business-lunch-with-colin-holder-of-c6-intelligence/event-summary-3090e966140145c8a2aee7997891c4a0.aspx

 

About C6 Intelligence Information Systems Limited

C6 Intelligence Information Systems Limited (“C6 Intelligence”, “C6”) provides information across the data continuum, including Identification and Verification Data, Criminal Record Checks, PEP's, Sanction, Adverse Media intelligence through to Bespoke Enhanced Due Diligence Reports on individuals and corporations to the end user, utilising the expertise and knowledge of C6 Data and C6 Enhanced Intelligence.

C6 Data Intelligence utilises 10 years of research, 4 Million profiles and access to thousands of data sources, to provide leading information providers around the globe with detailed PEPs, Sanctions and Adverse Media data.

For more information on the C6 Intelligence product range contact:

EMEA Office

Vita House, London Street

Basingstoke, RG21 7PG

United Kingdom

Telephone: +44 (0)1256 301510

Email: info @ c6-intelligence.com

Website: www.c6-intelligence.com

 

SOURCE: http://paulrenner.com/C6-Intelligence/Colin-Holder-C6-Intelligence-BSCC-Business-Lunch.html

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

C6 Intelligence sees 300% increase in Enhanced Due Diligence (EDD) Reports

 

C6 Intelligence sees 300% increase in Enhanced Due Diligence (EDD) Reports

As one of the co-founders of C6 Intelligence I am very excited that our Enhanced Due Diligence Team have been so successful this year and look forward to 2013 being even better.

Paul Renner

Co-Founder C6 Intelligence

 

For immediate release

11 December 2012

C6 Intelligence sees 300% increase in Enhanced Due Diligence (EDD) Reports

London, UK – C6 Intelligence Information Systems has seen a three-fold increase in its Enhanced Due Diligence (EDD) operation in the past 12 months and predicts further substantial growth in 2013.

Enhanced Due Diligence (EDD) is the process of revalidation of a customer’s identity, their companies and relationships, and analysis of relevant risk factors associated with conducting business transactions with that customer, be it an individual or a business.

Director of C6 Intelligence’s Enhanced Due Diligence Operation, Colin Holder said, “Due to the current financial climate and regulations, banks and financial organisations want to protect themselves against fraud and money laundering investigations by documenting their client profiles. Our C6 Intelligence EDD reports are the preferred choice for our clients because our advanced systems and processes allow us to go into greater depth in our research reports than our competitors, without incurring increased costs.”

C6 Intelligence EDD reports contain information on:

 

image2   Subject identifiers

image3   Detailed analysis of relevant business and personal relationships

image4   Relevant media / litigation profile

image5   Detailed risk factors

image6   All reports are fully sourced from public record data.

 

Mr Holder continues, “We found that our clients needed enhanced personal identifiers and business background checks, which required a level of in-country knowledge that their existing solutions could not provide. Our EDD reports include confirming connections to known close personal associates and their aliases. In addition, the clarity of our researchers evaluations on ‘Jurisdictional Risk’ and ‘PEP (Political Exposed Person) Risk’ have been enthusiastically received.

C6 Intelligence Managing Director Richard Bensberg confirmed, “The increase in uptake of our EDD reports is a function of our investment in the product, which was revamped last year with a new reporting format, and with the additional expertise of a newly created specialist EDD Analyst unit incorporating multi-lingual Analysts with advanced research and analytical skills, able to create compliant EDD solutions for clients across a range of industries.”

About C6 Intelligence Information Systems Limited

C6 Intelligence Information Systems Limited (“C6 Intelligence”, “C6”) is a leading provider of global intelligence information on both individuals and companies through the C6 Database and bespoke research projects. C6 Intelligence provides Enhanced Due Diligence (EDD), Know Your Customer (KYC), and Anti-Money Laundering (AML) checks and solutions for companies worldwide, and has a presence in the Americas, EMEA and APAC regions.

Colin Holder, Director of C6 Intelligence’s Enhanced Due Diligence Operation was formerly a Detective Sergeant with the London Metropolitan Police force for 33 years and for 5 years was seconded from the New Scotland Yard Fraud Squad to the UK Serious Fraud Office.

For more information and a sample of the C6 Intelligence Enhanced Due Diligence (EDD) Report contact:

Colin Holder     

Director, Enhanced Due Diligence

Tel: +44 (0) 1256 301510

Email: edd@c6-intelligence.com

Vita House, London Street

Basingstoke, RG21 7PG

United Kingdom

Website: www.c6-intelligence.com

 

SOURCE: http://paulrenner.com/C6-Intelligence/C6-Intelligence-sees-300-percent-growth-in-Enhanced-Due-Diligence-EDD-reports.htm

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

C6 Intelligence sees 300% increase in Enhanced Due Diligence (EDD) Reports

PDF copy of C6 Intelligence press release in Wall Street Journal

See: http://paulrenner.com/C6-Intelligence/C6-Intelligence-Enhanced-Due-Diligence-EDD-Reports-Wall-Street-Journal-December2012.pdf

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

C6 Intelligence sees 300% increase in Enhanced Due Diligence (EDD) Reports

PDF copy of C6 Intelligence press release in Reuters

See: http://paulrenner.com/C6-Intelligence/C6-Intelligence-Enhanced-Due-Diligence-EDD-Reports-Reuters-December2012.pdf

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

C6 Intelligence EDD/KYC/AML product range at AMLP Financial Crime Conference

 

For immediate release

 

 

C6 Intelligence exhibits the C6 EDD/KYC/AML product range at the AMLP Forum 6th Annual European Financial Crime Conference

London, UK – C6 Intelligence Information Systems (“C6 Intelligence”, “C6”) exhibited their range of C6 Enhanced Due Diligence (EDD) / Know Your Customer (KYC) / Anti-Money Laundering (AML) solutions at the AMLP Forum’s 6th Annual European Financial Crime Conference in London in October 2012.

The Anti-Money Laundering Professionals Forum event brought together leading stakeholders to examine the latest strategies and practical measures to combat money laundering & terrorist financing.

The C6 intelligence EDD / KYC / AML product suite utilises the ‘C6 database’, a highly respected data tool used by the leading banks and regulators worldwide. C6 enables clients to take a risk-based approach to managing fraud, money laundering and staff compliance risks.

Among some of the topics discussed at the AMLP conference were:

 

image2  FATF AML-ABC agenda

image3  Customer due diligence and KYC – striking the right balance

image4  Emerging markets – AML strategy when stakes are high

image5  Gambling hotspot – Developing an effective risk based approach for both

internet gaming and land-based casinos

image6  Sanctions: growing complexity in your global compliance programme

Update of current sanctions regimes

OFAC sanctions

PEPs v economic sanctions

 

The C6 database contains millions of entries of global intelligence information on both individuals and companies taken directly from multiple sources, including financial, regulatory, governmental, and media.

C6 Intelligence Managing Director Richard Bensberg said, “with increased regulatory action being experienced globally, the event was well attended not only from UK Financial Institutions, but also had a large pan-European presence spanning a vast array of regulated industries”.

C6 met with representatives of companies from Austria, Belgium, Cyprus, Germany, Malta, the Netherlands, Sweden, Russia and Turkey.

C6 Intelligence VP Business Development Neil Williams said “The event provided the perfect opportunity for C6 to showcase its product development with additional functionality including improved search responses, more granular web-based media searching, eAuthentication and address verification functionality among other benefits. All of this further enriches the product’s overall value to Clients and particularly for staff-screening applications.” Neil continues, “Additionally, we were really impressed by the levels of interest in our EDD reports, too. Sales of the bespoke reports have increased by over 300% in this last year and show no signs of abating any time soon. This is an endorsement that the C6 EDD solution is exactly right for today’s risk-driven market”.

 

About C6 Intelligence Information Systems Limited

C6 Intelligence Information Systems Limited (“C6 Intelligence”, “C6”) is a leading provider of global intelligence information on both individuals and companies through the C6 Database and bespoke research projects. C6 Intelligence provides Enhanced Due Diligence (EDD), Know Your Customer (KYC), and Anti-Money Laundering (AML) checks and solutions for companies worldwide, and has a presence in the Americas, EMEA and APAC regions.

For more information on the C6 Intelligence product range contact:

Neil Williams, C6 VP Business Development – EMEA    

Tel: +44 (0) 1256 301510

Email:  info@c6-intelligence.com

Vita House, London Street

Basingstoke, RG21 7PG

United Kingdom

Website: www.c6-intelligence.com

 

SOURCE: http://paulrenner.com/C6-Intelligence/C6-Intelligence-exhibits-C6-EDD-KYC-AML-product-range-at-AMLP-Financial-Crime-Conference.html

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

C6 Intelligence enters Joint Venture with AA International of Malaysia

 

For immediate release

18 March 2013

 

             

C6 Intelligence enters Joint Venture with AA International of Malaysia

London, UK – C6 Intelligence Information Systems (“C6 Intelligence”, “C6”) entered into a Joint Venture with AA International (“AA”) of Malaysia allowing for the marketing and fulfilment of C6 Intelligence products throughout the APAC region.

C6 Intelligence Managing Director, Richard Bensberg said, “We choose to enter into a Joint Venture with AA because of their experience and impressive infrastructural capability in the Asian marketplace.”

The C6 Intelligence product range consists of the C6 Database, Research and Investigations sections includingEnhanced Due Diligence (EDD), Know Your Customer (KYC), and Anti-Money Laundering (AML) checks and solutions for companies as well as Employee Screening checks.

Mr Bensberg continues, “By having offices in Bangkok, Manila, Jakarta, Singapore, Hong Kong, Seoul and Taipei, AA International can offer their local clients access to a range of valued added KYC and Due Diligence services from a trusted partner with a worldwide presence.  We look forward to continued success with our joint venture partner and the addition of the highest quality, yet cost-effective solutions, for our clients.”

 

SOURCE: http://paulrenner.com/C6-Intelligence/C6-Intelligence-enters-Joint-Venture-with-AA-International-of-Malaysia.html

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

C6 Intelligence enters Joint Venture with AA International of Malaysia

PDF copy of C6 Intelligence press release

See: http://paulrenner.com/C6-Intelligence/C6-Intelligence-enters-Joint-Venture-with-AA-International-of-Malaysia.pdf

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

C6 Intelligence expands in Asia, opening new Singapore office

 

For immediate release

22 March 2013

 

             

C6 Intelligence expands in Asia, opening new Singapore office

SINGAPORE – C6 Intelligence Information Systems (“C6 Intelligence”, “C6”) continues its expansion plans in Asia by opening a local office in Singapore to showcase its C6 EDD | KYC | AML product range in the APAC region and help drive its Asian expansion, thereby strengthening its global footprint.

The Asia office will be based in Regency House, 123 Penang Road, Singapore and will be headed by C6 Intelligence Managing Director, Richard Bensberg.

Mr. Bensberg stated, “We choose to create a local Sales, Marketing, and Client Support centre for our C6 Asia operations in Singapore due to excellent access to the Asian markets and the quality of the local workforce.”

Having completed several deals and joint ventures in the region, C6 Intelligence looks to increase its market share through the APAC region. The C6 database will continue to be maintained by a global team of Research Analysts and Associates based throughout Asia, Europe, and USA.

Mr Bensberg further noted that the increase of Enhanced Due Diligence (EDD) reports is partly due to the influx of new client money into the region. “With the amount of Foreign Direct Investment within ASEAN and neighbouring countries, companies need to have detailed information on their clients. Robust Anti-Money Laundering polices are already in place, and regulators such as the Monetary Authority of Singapore (MAS) are constantly looking to tighten policies where appropriate to prevent regulated companies taking unneccesary risks. C6 Intelligence EDD reports contain in depth research and analysis, which help our clients keep up to date and within the law”.

 

SOURCE: http://paulrenner.com/C6-Intelligence/C6-Intelligence-expands-in-Asia-opening-new-Singapore-office.html

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

C6 Intelligence expands in Asia, opening new Singapore office

PDF copy of C6 Intelligence press release

See: http://paulrenner.com/C6-Intelligence/C6-Intelligence-expands-in-Asia-opening-new-Singapore-office.pdf

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

C6 Intelligence – What is a PEP (Politically Exposed Person) ? By Paul Renner

 

C6 Intelligence has set up in-house PEP Categorisation guidelines that serve as the research framework for its analysts to follow consistently throughout their systematic research and ad hoc due diligence investigations.

While several categories have to be treated with discretion in certain contexts, the general guidelines should cover most governance systems spanning all jurisdictions in the world. In accordance with the designated risk levels, C6 Intelligence further categorises a PEP  into different priority groups according to the following infographic:

 

PEP Categorisation

 

SOURCE: http://paulrenner.com/C6-Intelligence/C6-Intelligence-what-is-a-PEP-Politically-Exposed-Person-By-Paul-Renner-C6.html

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

C6 Intelligence Information Systems Ltd

C6 Group website Overview

C6 Intelligence Information Systems overview from Paul Renner on Vimeo.

 

Paul Renner is the co-founder of C6 Intelligence

 

About C6 Intelligence Information Systems Limited

C6 Intelligence Information Systems Limited (“C6 Intelligence”, “C6”) is the leading provider of global intelligence information on both individuals and companies through the C6 Database and bespoke research projects. C6 Intelligence provides Enhanced Due Diligence (EDD), Know Your Customer (KYC), and Anti-Money Laundering (AML) checks and solutions for companies worldwide, and has a presence in the Americas, EMEA and APAC regions.

 

Vita House, London Street

Basingstoke, RG21 7PG

United Kingdom

Website: www.c6-intelligence.com

 

See: http://paulrenner.com/C6-Intelligence/c6-intelligence-information-systems-logo-paul-renner.html

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

“Preventing Financial Instrument Fraud – The Money Launderer’s Tool”

By Paul Renner CEO KYCMap & Co-Founder of C6 Intelligence

Paul-Renner-ICCBook

Paul Renner is co-author of  the 2002, ICC (International Chamber of Commerce) publication, “Preventing Financial Instrument Fraud – The Money Launderer’s Tool.” The fraud models described within the publication have been referenced by the UK City of London Police and prosecution services, to support their cases and secure convictions against fraudsters.

Who needs this unique book? Investors, investment advisors, stockbrokers, accountants, CPA’s, lawyers, bankers, life insurance agents, financial advisors, business owners, regulators, law enforcement as well as anyone who would like to inform themselves of this mysterious subject.

 

PaulRenner-ICCBook

 

“Preventing Financial Instrument Fraud – The Money Launderer’s Tool”

PaulRenner-ICC-Book-Back-Cover Paul-Renner-ICC-Book-Front-Cover

See: http://paulrenner.com/C6-Intelligence/paul-renner-c6-kycmap-preventing-financial-instrument-fraud.html

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -