Thomas Priore: A Leader Driving Innovation and Success in the Payments Industry

In the fast-paced and ever-evolving world of finance, Thomas Priore has emerged as a key player, driving innovation and success in the payments industry. As the founder and CEO of Priority , Priore has been at the forefront of transforming the way businesses handle transactions and manage their finances.

With a distinguished background in investment banking and a strong track record of success, Priore brings a wealth of knowledge and expertise to his role. He founded Priority in 2005, drawing on his experience in the payments industry and his observation of the shift towards digital processes in residential mortgage lending.

Recognizing the potential to bring a modern and improved payment experience to businesses, Priore and his team harnessed the market’s potential and developed cutting-edge solutions for payments and banking. Their understanding of business challenges and customer feedback allowed them to create innovative solutions that save time, costs, and effort for all parties involved.

Under Priore’s strategic direction, Priority quickly evolved from a startup to become the 13th largest merchant acquirer in the US. Today, it is a leading provider of commercial payment solutions to major global institutions. With over 800,000 clients spanning multiple industries, Priority processes over $115 billion in annual payment volume through its proprietary solutions.

One of the key factors that sets Priority apart from its competitors is its focus on creating a unified experience for handling transactions. While many payment processors and merchant acquirers offer separate services, Priority has developed a platform that combines payment processing with banking as a service capabilities. This allows businesses to handle their banking needs seamlessly within the platform, providing a more efficient and comprehensive solution.

Priore’s leadership and vision have been instrumental in driving Priority’s growth and success. He understands the importance of staying ahead of the curve and constantly evolving to meet the needs of businesses in a rapidly changing landscape. By diversifying their offerings and venturing into new industries, Priority continues to innovate and provide value to its clients.

As the payments industry continues to evolve, Thomas Priore and Priority are well-positioned to lead the way. With their commitment to providing cutting-edge solutions and exceptional customer service, they are shaping the future of payments and banking, and helping businesses thrive in a digital world.