How PenFed is Delivering Point of Sale (POS) Lending

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About the Webinar

Point of Sale (POS) financing has been a hot topic in the last several years. Affirm, made famous for financing expensive Peloton bikes, launched their IPO. Buy now, pay later hero, Klarna, received a $31B valuation. But, the seemingly high cost of technology has kept nearly all credit unions on the sidelines of the fastest growing lending market.

Going head-to-head with global banks and billion-dollar FinTechs may not seem like a practical strategy; but as demand for faster, easier, and better digital services continues to grow, credit unions can incorporate Point of Sale (POS) technologies to serve their individual and small business members better.

Join Jay Fee, VP of Consumer Banking at PenFed, to learn how they are using POS with tremendous success and how you can do it too in just a matter of weeks and at a cost that delivers nearly immediate ROI.

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Presented By

Jay Fee
Jay Fee

Vice President, Consumer Banking | Pentagon Federal Credit Union (PenFed)

Jay Fee joined PenFed in 2019 where he leads Consumer Banking (Auto Financing, Personal Loan and Student Loan refinance teams) and integration with over 35 fintechs.  Jay began his career at NFCU in 1989, where he was responsible for the management of the consumer credit and technical staff, digital transformation, launch of new products and the double-digit annual growth of a multi-billion-dollar consumer lending portfolio.  In addition to executive positions at Volkswagen and Keystone Automotive, Jay also co-founded MotoRefi with QED, taking the auto fintech up to a Series A, prior to joining PenFed.  He also has a MBA and post graduate work at three other universities focusing on Operation Research and International Transactions. 

Luan Cox
Luan Cox

CEO | FinMkt

Luan is the founder and CEO of FinMkt, a best-in-class multi-lender platform, and point of sale SaaS solution that has processed billions in loan application volume since launching in 2016. Prior to FinMkt, Luan served as the General Manager and VP of Interactive Data Managed Solutions - Americas, EVP of Global Sales and Marketing for Stockpoint, and Executive Director of Partner Solutions for In addition, she is an alumna and advisor to the Springboard Accelerator program comprised of the world’s leading women-led media and technology companies and is a Techstars mentor for its fintech accelerator.

Sekhar Katkam
Sekhar Katkam

General Manager, BFSI | Persistent Systems

Sekhar is responsible for strategy, solution development, and execution for the Banking, Financial Services, and Insurance industries, including Persistent’s Digital Credit Union solution and eKYC. As part of his role, he is also responsible for partnering with FinTech’s to bring innovative solutions to our banking clients. Sekhar brings 25 years of experience in banking – both in business operations and technology.