Many people may not know that the Tianxing Bank APP on their phone has quietly become Elephant Bank. Recently, a major scoop about virtual banks in Hong Kong has surfaced, making it feel almost magical. Our familiar Tianxing Bank has officially changed its name to Elephant Bank. Many friends who have Tianxing accounts woke up and, upon seeing the new name, were completely baffled: what’s going on? Is my money still safe? Today, I’ll use plain language to walk everyone through this, and see through the capital logic behind it.