SafetyDetectives Interview With PayQuicker CISO Ed Woodfield

In today’s rapidly evolving financial landscape, security and compliance are more critical than ever—especially in the realm of global payouts. As cyber threats grow in sophistication and the demand for seamless, real-time transactions increases, fintech companies must stay ahead of the curve. As a leader in global payout orchestration, PayQuicker is at the forefront of this transformation, offering secure, efficient, and compliant cross-border payment solutions.

SafetyDetectives recently sat down with our Chief Information Security Officer (CISO), Ed Woodfield, to discuss our approach to cybersecurity, fraud prevention, and regulatory compliance. With over 20 years of experience in technology and cybersecurity, Woodfield shares insights into AI-driven fraud detection, best practices for securing financial transactions, and the biggest cybersecurity trends shaping the fintech industry.

Read on to learn how at PayQuicker we’re redefining security in the global payments space and what organizations can do to stay protected in an increasingly digital world.

Can you tell us about your background and what led you to become the CISO of PayQuicker?

I have always been passionate about bringing evolving software and security solutions to the forefront of company business plans. I have a deep history in technology and cybersecurity, spending 20+ years as a software engineer and architect before moving into cybersecurity. After several years of PCI DSS compliance work, I dove into the financial sector, starting with M&T Bank. Then, I brought my keen interest in architecture and security to PayQuicker, a leader in global payout orchestration that prides itself on streamlining secure, compliant cross-border payouts.

For those unfamiliar with PayQuicker, can you explain what the company does and what its main services are?

PayQuicker’s mission is clear: to empower businesses with smarter, faster, and easier global payouts, driving growth in an increasingly interconnected economy. Global business growth depends on seamless, secure, and reliable payment systems. Yet, cross-border payouts remain burdened by challenges such as fluctuating FX rates, fragmented infrastructures, and exposure to cyber threats and fraud. PayQuicker, a pioneer in global payouts orchestration, eliminates these complexities through its comprehensive solutions. PayQuicker’s platform aggregates a global network of top-tier payment providers, including Visa, Mastercard, Barclays, Thunes, Corpay, Convera, and others, and intelligently routes the quickest and most cost-effective way to send a payout.

Financial services are a prime target for cybercriminals. How does PayQuicker ensure secure transactions and protect user funds from fraud and cyber threats?

By partnering with PayQuicker and our partners, businesses can trust that their global payouts are managed with top-tier security and compliance standards. We understand that compliance isn’t just a requirement – it’s proof of our commitment to safeguarding our clients and their payees. That’s why we’ve invested in and achieved certifications for SOC 1 Type II, SOC 2 Type II, and PCI DSS 4.0.1 Level 1 for Service Providers. This has been business as usual at PayQuicker for a while now, and we will continue to expand our compliance program. These certifications underscore our rigorous internal controls, data protection measures, and continuous compliance practices, all designed to ensure a secure and seamless experience for our clients.

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