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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

Finances are a very complicated and extensive topic for any business. A lot of careful planning and thought must be put into it not only to manage your corporate funds successfully but even to keep your company afloat. This is where financial goals come into place, allowing you to better understand and organize financial strategy. But how do you set financial goals? Find out in Genome’s article! What is a business financial goal?  Let’s be clear: any company needs money to operate, upgrade its services, purchase necessary equipment, pay employees, and for many more reasons. This is why businesses pay

Surely, you know about banks: every decent-sized European city has at least one nowadays. Using a bank has become something as regular as going to the store.  But how about non-banks? The term may sound a bit confusing, as it doesn’t exactly tell us the purpose of such companies.  The Genome team is here to clear everything up! This article will explain how the non-banking companies work and differ from other financial institutions.  Non-banking financial companies: meaning of the term First and foremost, let us finally explain what is meant when referring to non-banking financial institutions. Non-bank financial institutions, also

The Genome team continues explaining the different types of fraudulent financial schemes people can find themselves in when running their day-to-day errands. And what can be more mundane than using an ATM?  Unfortunately, this is why you can be caught off guard and become a victim of ATM skimming fraud. This article explains how skimming fraud occurs and how you can recognize and avoid ATM skimming.   What is skimming in banking? When talking about financial fraud cases, one may be used to thinking that scammers mainly operate online, as it is easier to trick someone who can’t see you.  However,