n this episode we sit down with Gary Lewis Evans—financier, libertarian and early fintech pioneer—to explore how innovation and regulation have shaped modern banking. Evans recounts guiding a savings‑and‑loan institution through sky‑high interest rates in the 1970s and describes how challenging regulators informed his approach to building banks. He explains how, in the mid‑1990s, he let La Jolla Bank customers deposit money and apply for loans online
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, paving the way for the July 4 2000 launch of Bank of Internet USA (now Axos Bank) with just one branch and only 25 employees
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. We discuss his view that the best “customer service” comes from designing systems so efficient that service becomes unnecessary, his experiences rescuing failed banks and leading M&A due diligence, and his perspective on how the Baby Boom generation and America’s ageing population will influence the future of finance. Tune in for a candid conversation at the intersection of innovation, regulation and the evolving banking landscape.
