European digital identity company, Signicat, has named Ray Ryan as its UK Country Manager.
The news comes in light of a recent report from the company revealing that 22% of UK businesses’ annual revenue is impacted by identity fraud and its prevention costs.
Ray Ryan joins 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,” said Joakim Harging, Chief Enterprise Nordics & UK and GCSS, 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.”
Based in London, Ryan will report to Joakim Harging, Chief Enterprise Nordics & UK and GCSS, Signicat.
With more than 25 years of experience in leadership roles at regtech and fintech companies, including PassFort and ComplyAdvantage, he has worked closely with financial institutions on fraud prevention, KYC and digital onboarding.
From “regulatory burden” to “competitive advantage”
“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,” added 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,” he concluded.
