The banking industry is undergoing a period of deep disruption. Virtual banks have reimagined what banking can do for customers, and AI and machine learning represent a new area where online-only banks can dominate traditional banks. These two technologies represent the vanguard of digital banking, but because traditional banks are operating on legacy systems, it's difficult for them to fully integrate these advancements. Virtual banks, on the other hand, are relative newcomers, operating within newer systems that aren't hindered in the same way. This means virtual banks can move more quickly to provide their customers with the benefits that AI and machine learning can bring.