The CUPP | Episode 7: Exploring the Risks and Benefits of BNPL Products for Your Credit Union

Released October 20, 2022

About this episode

Join Paul Davis, Director of Market Intelligence at Strategic Resource Management (SRM), in a discussion about Buy-Now-Pay-Later (BNPL) products and why exploring options to provide a BNPL product may be right for you and your members.

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Key Takeaways

  • The basics of BNPL and the current market for these products;
  • The risks and benefits of BNPL products; and
  • Why credit unions should consider developing a BNPL product.

Presented By

Ann Petros, Vice President of Regulatory Affairs, NAFCU
Ann Petros, Vice President of Regulatory Affairs, NAFCU

Ann Petros was named Vice President of Regulatory Affairs in October 2021. In her role, Petros oversees NAFCU’s advocacy on various regulatory developments from federal agencies, including the National Credit Union Administration, the Consumer Financial Protection Bureau, and the Federal Housing Finance Agency. Petros joined NAFCU in June 2016 as a regulatory affairs counsel and was promoted to senior regulatory affairs counsel in June 2018. Since starting at NAFCU, Petros has led the association’s advocacy on housing finance issues as well as Federal Communications Commission regulations implementing the Telephone Consumer Protection Act.

Paul Davis, Director of Market Intelligence at Strategic Resource Management
Paul Davis, Director of Market Intelligence, Strategic Resource Management

Paul Davis is Director of Market Intelligence at Strategic Resource Management, an advisory firm in Memphis. Paul has more than 20 years of experience covering the financial services industry. His background includes SNL Financial, where he was the news director and senior bank reporter, and American Banker, where he spent 11 years as editor of community banking. Paul formed American Banker’s CEO advisory board and developed a comprehensive social media platform for the Wake Forest University Schools of Business while earning his MBA. Paul has been featured as a speaker at the Federal Reserve, the American Bankers Association and FIS Global, and he has been regularly quoted by Investors Business Daily, NBC and NPR’s Planet Money regarding industry trends.