Building a Security-First Fintech Culture: Jed Morley on Payment Security and Compliance
In the digital payments industry, trust is everything. One data breach or compliance failure can ruin a company’s reputation overnight.
Jed Morley, CEO of Platinum Payment Systems (PlatPay), understands this — which is why he has embedded a security-and-compliance-first mindset into the DNA of his organization. From PCI DSS standards to AI-driven fraud prevention, Morley’s approach is a blueprint for any fintech company navigating cyber threats and regulation.
This article explores how Jed Morley builds a culture of security at PlatPay and offers practical takeaways on:
Making PCI DSS a daily habit, not a checkbox
Using encryption, tokenization, and network segmentation to protect sensitive data
Viewing fraud prevention as part of cybersecurity
Preparing for audits and adapting to evolving laws (GDPR, CPRA, AI regulations)
Training employees to be the first line of defense
Whether you’re in fintech or any data-sensitive industry, Morley’s principles show how security can become a competitive edge.
The Foundation: Treating Compliance as Non-Negotiable
It starts at the top. Jed Morley makes it clear: compliance is a fundamental duty, not a cost to be minimized.
“Noncompliance can be a red flag for payment processors.”
From the start, PlatPay was built with PCI DSS in mind, meeting the highest standards for secure card data handling. But it goes far beyond a certificate.
Key Practices at PlatPay:
Tokenization: Card data is replaced with tokens, meaning even if a breach occurs, the stolen data is useless.
No storage of raw card numbers: Morley emphasized this early — it’s a cornerstone of risk reduction.
Quarterly network scans and annual penetration tests: They go beyond PCI minimums, with outside experts validating their defenses.
Internal access controls: Only those with a need-to-know can access sensitive systems — and even then, through secured protocols.
Network segmentation: As PlatPay grew, its systems were segmented to ensure that a compromise in one part wouldn’t expose the whole.
“Ensure you comply with all relevant regulations as you expand.”
— Jed Morley
Morley also fosters a culture of readiness — documentation, access logs, key rotations, training records — all maintained not just for audit season, but for real preparedness.
Leadership example: Morley likely sits in on compliance debriefs himself. When the CEO asks about phishing test results or firewall configurations, everyone knows security matters.
Advanced Security Measures: Staying Ahead of Threats
Cybercriminals evolve fast. Jed Morley ensures PlatPay stays ahead.
AI & Machine Learning
“Investing in AI-driven security measures is critical to staying ahead of fraud trends.”
PlatPay likely uses AI to:
Detect network anomalies (e.g., suspicious data downloads at odd hours)
Flag abnormal merchant or customer behavior before it becomes fraud
Monitor internal traffic in real time
24/7 Security Monitoring
Morley believes in working with experts. Just as he formed strong banking partnerships, he likely uses elite security vendors to monitor infrastructure 24/7.
Incident Response Drills
Security isn’t a plan — it’s a muscle. Under Morley:
Teams run regular breach simulations
Playbooks exist for DDoS, ransomware, insider threats
Staff knows who to notify, what to shut off, and how to message clients
Encryption Everywhere
At PlatPay:
All data in transit is encrypted (TLS)
Data at rest is secured with disk-level encryption
Key management is handled through HSMs (hardware security modules)
Morley’s approach adds layered defense — even if one layer is breached, others stand in the way.
Physical Security
PlatPay likely uses Tier IV data centers with:
Biometric access
Camera surveillance
Secure backup and geographic redundancy
“Maintaining top-notch security measures, especially during growth when you become a bigger target for fraudsters, is crucial.” — Jed Morley
About PlatPay
Platinum Payment Systems (PlatPay) is a secure payment processing provider known for its security-first culture and unwavering compliance. Under CEO Jed Morley, PlatPay exceeds industry standards like PCI DSS, employing advanced encryption, tokenization, and AI-driven fraud detection to safeguard every transaction.
The company’s team continuously adapts to new threats and regulations, ensuring clients’ data and funds are protected around the clock. With PlatPay, businesses gain a trusted partner who treats security and compliance not as obligations, but as core commitments to excellence.
Learn more at platpay.com/jed-morley.
PlatPay lets brands track, reduce, and offset payment-related CO₂ in real time. Discover Jed Morley’s ESG philosophy in his ValiantCEO profile.
