Brighter Consultancy Limited

The Financial Conduct Authority (FCA) is ramping up its focus on how firms handle Authorised Push Payment (APP) fraud. As of 7th October, there are new measures to enhance support for victims, underscoring the need for robust fraud prevention strategies. Focus areas include: ➡️ Effective governance and controls for detecting fraud. ➡️ Rigorous customer due diligence from onboarding through the entire relationship. ➡️ Adherence to Consumer Duty to prevent foreseeable harm, which demands proactive fraud prevention systems. ➡️ Inadequate systems risk more than compliance breaches; they threaten customer trust and your organisation's reputation. At Brighter Consultancy, we're experts in refining fraud detection and transaction monitoring systems to comply with FCA standards. Don’t wait for a fraud incident to reveal system vulnerabilities. 👉 Dive deeper into what the FCA’s changes mean for your business and how you can remain compliant: https://lnkd.in/eBQ2Sum3 #FCA #FinancialCrime #FraudPrevention #Compliance #BrighterConsultancy #FinancialServices

Ready to Transform Your Data Management? Here’s How to Navigate Cloud Migration with Confidence! As organisations increasingly embrace digital transformation, cloud migration is a key step towards enhanced scalability, cost-efficiency, and collaboration. Yet, the journey can be complex. To help you make the transition smoother, we’ve shared a strategic guide covering essential considerations, best practices, and actionable steps. 👉 Discover insights on: Assessing your data landscape Choosing the right cloud model Ensuring data security Developing a comprehensive migration plan Ongoing optimisation post-migration Are you ready to harness the full potential of cloud technology for future growth and innovation? Read our latest blog for guidance on building a robust, resilient data infrastructure. 🔗 https://lnkd.in/ecj85xZs #DigitalTransformation #CloudMigration #DataManagement #BusinessStrategy #CloudComputing #BrighterConsultancy #Innovation #BusinessGrowth

As we mark three months since Labour took the reins, it's time to assess the real-world impact on UK businesses and what lies ahead. From "national renewal" to economic challenges, the new government's actions are reshaping the business landscape. In our latest blog, we revisit the promises made and the reality faced by businesses under Labour's early governance. From tax hikes to economic growth strategies, we explore how recent policies are affecting industries across the nation. Key Highlights: ➡️ Settling Strikes and Boosting Renewables: How Labour's policies impact sectors like healthcare and energy. ➡️ Upcoming Budget: What businesses can expect regarding tax rises and spending cuts. ➡️ Strategic Insights: Tips for businesses on preparing for the financial shifts and leveraging new government policies for growth. With a budget announcement looming, it’s crucial for businesses to stay informed and proactive. Check out our blog for insights on navigating these changes and strategies to safeguard your operations in this new political era. Read more here: https://lnkd.in/eEx2g6a6 Are you facing challenges or looking for strategic advice? Contact Brighter Consultancy. We’re here to help you manage and benefit from these changes. #UKPolitics #BusinessStrategy #LabourGovernment #ChangeManagement

At Brighter Consultancy, we understand that integrating Artificial Intelligence (AI) into your business operations can transform efficiency and streamline processes. However, the path to AI adoption isn't without its challenges. In our latest blog, we look into the commercial barriers that organisations face when implementing AI: Integrating AI can revolutionise efficiency but comes with challenges: * High initial investment * Lack of expertise * Data management issues * System integration hurdles * Regulatory concerns * Resistance to change Read more and learn how to navigate these challenges effectively: https://lnkd.in/eazQyV87 #ArtificialIntelligence #AIIntegration #BusinessEfficiency #BrighterConsultancy #InnovationInBusiness

What role should businesses play in the national interest? From creating jobs to tackling climate issues, our latest blog explores how organisations can contribute to the greater good. Find out more 👉https://lnkd.in/eQBv4TDA #NationalInterest #BusinessLeadership #BrighterConsultancy

In the current economic climate, businesses across both public and private sectors are feeling the pinch. Operational efficiency can be a game-changer, especially when AI is involved. From reducing missed appointments in healthcare to improving project planning in construction, the impact is clear. Curious about how AI can boost your organisation’s efficiency? Our latest blog dives into practical applications and real-world results. 👉 Read more: https://lnkd.in/eYbhwAqQ #OperationalEfficiency #AI #BusinessGrowth #BrighterConsultancy

Today, on World Mental Health Day, we at Brighter acknowledge our workplaces' significant impact on mental well-being. While work can enhance self-worth, offer a sense of purpose, and foster connections, it can simultaneously be a source of stress and anxiety. Recent statistics show that 15% of UK workers have a diagnosed mental health condition, with work-related stress, depression, and anxiety affecting approximately 875,000 individuals in the 2022/23 period alone. These figures underscore the critical need for supportive mental health practices in our workplaces. Despite growing awareness, stigma, particularly around severe mental health issues, continues to be a pervasive barrier. More effort is necessary to eradicate this stigma and to create an environment where every employee can discuss their mental health openly and without fear of judgment. To aid in these efforts, the Mental Health Foundation has produced a comprehensive guide for organisations aiming to support mental health at work. We highly encourage everyone to explore these valuable resources to better understand how we can all contribute to a healthier workplace. https://lnkd.in/eE9Bvwk9

The PRA’s new guidance on Funded Reinsurance is here. 📢 If you’re in the insurance sector, this is a must-read. We break down the key points on risk management, solvency requirements, and compliance deadlines. Get the full details 👉 https://lnkd.in/eRHqnvCh #Insurance #RiskManagement #PRA #BrighterConsultancy

Regulation is reshaping the London Market, and the interplay between tech and compliance is more critical than ever. 🚀 In our latest blog, we dive into how AI, data management, and economic risks are transforming the landscape for financial services. Read the full article to stay ahead 👉 https://lnkd.in/ec4YumGu #DataRegulation #AI #LondonMarket #BrighterConsultancy