With a recent Signicat report revealing that 22% of UK businesses’ annual revenue is impacted by identity fraud and its prevention costs, European digital identity leader Signicat has appointed Ray Ryan as its UK Country Manager.
The appointment underscores Signicat’s commitment to the UK, a key market where the company orchestrates the full lifecycle of digital identity verification. Based in London, Ray Ryan will report to Joakim Harging, Chief Enterprise Nordics & UK and GCSS at Signicat.
“The UK market requires a sophisticated, end-to-end approach to digital identity. It’s about orchestrating trust at every step of the customer journey, from initial onboarding to ongoing lifecycle management,” says Joakim Harging, Chief Enterprise Nordics & UK and GCSS at Signicat. “Ray’s mission is to build on our strong foundation here and establish Signicat as the trusted digital identity partner for any UK company looking to operate securely and efficiently, both at home and across Europe.
With more than 25 years of experience in leadership roles at regtech and fintech companies, including PassFort and ComplyAdvantage, Ray has worked closely with financial institutions on fraud prevention, KYC, and digital onboarding. He has a track record of building and scaling go-to-market teams and helping highly regulated organisations use technology to balance compliance, risk, and growth.
“UK businesses are navigating a hugely complex and changing environment. It’s no longer about a single identity check: it’s about orchestrating the entire trust journey” says Ray Ryan. “Companies need to manage intricate identity verification obligations, while simultaneously defending against fraud and preparing for future standards like eIDAS 2.0 or AMLR, as well as the BritCard”. My focus is to demonstrate how Signicat’s single platform simplifies this complexity, turning compliance from a regulatory burden into a competitive advantage.”
Signicat’s platform is already a critical component for major UK institutions, having been trusted to process millions of applications for the Home Office’s EU Settlement Scheme, the world’s largest digital immigration programme. For commercial clients like Funding Circle or Visa, this translates into proven business results, with Signicat’s solutions enabling up to an 80% automation rate in onboarding, reducing SME loan decisioning times from days to minutes, and cutting fraud rates by as much as 50% for many clients.
