Genome now answers your questions in real-time

Genome’s team is back with yet another article that dives into different types of fraudulent financial situations that people and businesses can face. And this time, card-not-present fraud is on the agenda. Want to know how to avoid scams associated with card-not-present transactions? We gathered some tips below. What is a card-not-present transaction?  Before we get to the fraud part, let us first explain what card-not-present transactions are in general.  Card-not-present transactions (also known as CNP transactions) are the type of payments a person makes with their debit or credit card. Such payments happen remotely, meaning that the card and

A business bank account is a necessity for any company. However, you may wonder, “Can I have 2 business bank accounts?”. The short answer is yes, you can.  But our team at Genome also wants to explain why you might need more than one business bank account and the benefits of having multiple business accounts. Business bank account: the fundamentals of your financial journey A business bank account is an account you can open in a brick-and-mortar bank or other financial institution. The account is in your company’s name, and you can use it for corporate financial operations. Simply put,

Most people with bank accounts will undoubtedly want a card as well. After all, debit and credit cards allow for quick payments in most parts of the world and online.  However, when selecting a card, you may wonder which option is better – physical or virtual.   Genome is here to help you clear things up. In this article, we describe the difference between virtual and physical debit cards and explain various types of cards in general.  What is a virtual card?  It is all in the name, really! A virtual card is a payment card that banks and financial institutions

You know how the saying goes – “better safe than sorry.” This statement can apply to many things in life, including your online banking habits. Whenever you access any financial services via the internet, you need to be cautious to keep your money and data safe. Genome provided some of the tips on online banking security below.  Financial security tips for using online banking Before we begin, we want to remind you that the term online banking refers to any financial service, operation, or activity you access with the help of the internet – via a mobile app or web