Priority Technology Holdings, Inc. announced significant enhancements to its Passport product on September 23, 2024. These innovations are integrated within the company's banking and treasury solutions platform. The Passport product aims to streamline collecting, storing, lending, and sending money for businesses.
The enhancements are designed to unlock new revenue opportunities for customers. This move reinforces Priority's commitment to providing a comprehensive financial toolset. The company continues to evolve its offerings to meet market demands.
Passport enables businesses to gain faster access to funds through instant settlement, improved cash utilization, and greater efficiency. It achieves this by integrating payments, receivables, and banking operations. This strategic update strengthens Priority's core technology platform.
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