Product news
Year in review: new features and accomplishments of 2025
2025 was a year of real momentum for Genome – we launched new merchant features, set real-time alerts, and strengthened our security foundation. Alongside product growth, we earned industry recognition and hit meaningful market milestones! Find out all about our accomplishments this year below. Merchant accounts and upgraded services for companies Genome launched merchant accounts, unlocking valuable services for thousands of businesses. For online companies, it means a clearer setup for collecting funds, managing settlements, and keeping day-to-day finance operations more structured as you grow. We also expanded how merchants can get paid at checkout. With instant bank payments via
Business services
What are dedicated IBANs for businesses? A guide
A dedicated business IBAN is now a key element in the global digital economy. Modern business processes need to combine clarity with easy payment reconciliation and compliance. For this reason, a dedicated IBAN account offers a convenient way to send money and receive incoming payments seamlessly. Genome is a regulated European Electronic Money Institution (EMI) that provides business accounts for businesses looking for simpler payments. Whether you carry out international trade or need to pay suppliers abroad, the right IBAN accounts will help your business. What is a dedicated IBAN? An IBAN is an International Bank Account Number. It’s used
Business services
What is a virtual IBAN, and how can it help your business grow?
A virtual IBAN is a digital account identifier for an international bank account number. It looks exactly like a traditional bank number with a country code and standardized format, but it’s not generated from a physical bank account. Having a virtual IBAN account provides a way to accept payments from different countries seamlessly. Virtual IBANs mean that accepting international payments is easier than ever before. There is no need to waste time setting up separate bank accounts for each country or region you deal with. Learn more about such accounts, as well as Genome’s virtual multi-currency IBAN accounts! Virtual IBAN
Business services
What is SME in business? Understanding small and medium enterprises
The SME definition is pretty simple: it stands for small and medium enterprises – the kind of businesses that make the world go round, literally. According to the World Bank, the SME sector represents 95% of registered businesses globally and accounts for over 50% of total employment. From micro businesses, like local coffee shops and family-run bakeries, to growing tech startups and medium-sized companies in the manufacturing industry, SMEs play the biggest role in the economy on a global scale. Medium-sized enterprises keep local communities alive and make up the vast majority of jobs there, providing opportunities where large corporations
Business services
Everything you need to know about cross-border payroll
The rise of distributed teams spread across the planet has led to new challenges in areas like cross-border payroll payments. Rather than paying a team that works in the same building or city, we now need to consider the demands of cross-border payroll management. It introduces elements like different currencies and unique tax regulations to take into account. Payroll compliance varies by country, so a company’s payroll system must take into account the local requirements and available payment methods in each location. Payroll payments crossing borders can be carried out in various ways to meet each type of situation. We’ll be
Company
Don’t miss out! We host an exclusive iGaming networking mixer during SBC Summit Lisbon
Heading to the SBC Summit in Lisbon? We have some exciting news! Not only will you take part in one of the most important iGaming conferences of 2025, but you will also get an exclusive opportunity! This year, Genome is hosting an exclusive invite-only networking mixer in Lisbon on September 16, right before the official opening party of the SBC Summit Lisbon. It’s a unique chance for the iGaming community members to meet informally, connect, and share ideas before the summit begins. Operators, affiliate platforms, gambling and betting companies, and technology providers will all come together in one place, making
Business services
SME banking in Italy: options, trends, and best practices
Practical banking solutions are vital to ensure good SME banking in Italy. Small and medium enterprises in the country are increasingly using digital banking and fintech solutions alongside the traditional Italian banking system to meet their needs..We’ll be looking at all the key aspects of banking designed to support Italian small and medium-sized businesses. It includes accounts, loans, digital tools, and EU support for clients. Find out the practical advice needed for Italian companies to carry out a digital transformation of their banking. What is SME banking? SME banking is designed to give small or medium-sized enterprises access to the
Business services
Local IBANs explained: what are they and why businesses need them
Local IBANs help your business get paid like a local, even when you operate across borders. Instead of relying on one universal account setup, you receive a country-specific account number that customers recognize and trust. For many buyers, paying into a domestic bank account feels faster and more familiar than sending money abroad. This matters when you work with partners, marketplaces, or clients who want simple checkout and clear payment details. Local IBANs also make international payments easier to track and reconcile, because transfers follow standard banking formats used by financial institutions. In short, they reduce friction in cross-border payments
Company
Say goodbye to C2B payment delays thanks to Genome and HUCH’s partnership
In today’s fast-moving digital world, speed isn’t just a competitive edge – it’s a necessity for your company’s growth. We at Genome know it firsthand, as we can see the successful results of our business clients. And, of course, our team constantly works on improving these services, as well as comes up with new features to boost the speed of client payments and notifications about them. Just recently, we partnered with fintech provider HUCH to bring real-time SEPA payment alerts to businesses across Europe. With the new integration, companies that use Genome and Huch services can now receive notifications the