This could be the year traditional bill pay becomes a relic of an era when mobile phones just made phone calls, Ross and Rachel were a thing and "Bluetooth" seemed like a dental problem.

That's according to some participants of a recent CU Times panel discussion devoted to pinpointing trends that could define 2017 in the credit union industry. One of those trends is that bill pay is in a state of upheaval, they said, and credit unions that aren't paying attention could lose money, members and competitive advantages. Here are four predictions they made for 2017.

1. Use of traditional bill pay will stagnate.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.