
A lot has changed since 1999. Almost every part of daily life has evolved — including banking.
In that year Prince famously sang about, you likely used a brick-and-mortar bank or an ATM for all your banking transactions. The concept of a digital-first bank would’ve seemed impossibly high-tech. Yet the first wave of digital banking arrived just one year later with the emergence of online banks like Axos Bank, which opened its virtual doors on July 4, 2000.