The banking sector is one of the spheres heavily influenced by IT. To a large extent, financial services trends depend on the possibilities of modern technologies. Banking technology and IT go hand in hand to ensure a smooth and seamless banking experience for users in any part of the world.  Genome is a financial services provider that boasts the implementation of mobile technology in banking. Our mobile and web applications for personal, business and merchant accounts were created using the latest banking technologies. In today’s blog post, we will discuss the future of banking and the growing trends.  Future of banking:

A virtual card is something that could seem like a distant future, even twenty years ago. Yet today, it is quite a common thing, which has become handy for many bank clients. This article is dedicated to virtual cards. We will talk about banking cards in general, how they work, and how they evolve to give existence to virtual cards. And after, we will focus on what a virtual card is, its characteristics, usage, and how to actually have one. What is a bank card, and how does it work? A bank card allows its user to access the bank’s

Cashless payments have long stopped being a cool novelty. They are not only safer for the environment but also more convenient, faster, and easier to make daily. In today’s Genome article, we’re talking about the best debit cards for Apple Pay – an E-wallet for safe transactions and NFC contactless payments.  What is Apple Pay This application was first introduced to the general public back in 2014 and, since that time, has taken over smart devices all over the world. Google Pay (Android) and Apple Pay (IOS) are the two most widely used tools for NFC contactless payments. To put it simply, these are

In the world of NFC contactless payments, it’s easy to get lost when selecting a debit card and a financial provider to use. So when all digital wallets and cards work the same way, how do you find the best option? Genome helps its clients with opening personal and business bank accounts and issuing cards both for personal and business use. In today’s blog post, we’re talking about safe transactions and NFC contactless payments – everything you need to know about Google Pay and what are the best debit cards for it. Why NFC contactless payments are getting popular Digitalization is

A reliable banking system is very important in daily life activities and work. But how do you choose a good bank when you are a foreigner in Germany? Read this Genome article to find out which factors to compare and which financial services we recommend for personal needs and business. How to open a bank account in Germany for foreigners without a German address? Choosing a bank when you are a foreigner in Germany is the same as choosing a bank anywhere, except it depends on your registered address. And we are here to take the most inclusive option. If you do not

May is up, and so is spring. But the summer is coming in hot, and so are Genome’s updates. Find out what’s new in a blog post below. Proceed with caution – we will show you how This month we had multiple articles dedicated to people’s security online, especially regarding financial services and apps. Yes, banks and PSPs must ensure your funds and data are protected when you use them. But some things are out of their control, and clients need to be cautious of them as well. Thus, our articles are perfect for learning about it. In one of

Online safety is crucial when it comes to banking. Especially if we are talking about business accounts. In this Genome article, we will give advice on how to stay safe while using internet financial services, how to create a strong password, and where to open a secured account. What are financial services for business accounts? First of all, a business account is a financial bank account that provides business owners with needed internet financial services. A business account is quite similar to a personal one: a user can open a digital wallet, make payments, transfer money and receive transfers, withdraw cash, and do other operations.

A business bank account has long stopped being an option. Modern companies of all sizes working both on domestic and international markets choose to have business wallets not because it’s a requirement. The explanation is much more simple – a business account makes the life of company owners and their clients effortless and painless (almost). Genome helps its customers with opening both business and merchant accounts, which are the must-haves for any company. Today’s blog post will discuss the most popular business bank accounts and what makes them special. Business account explained There’s a common misconception that a business bank account is some sophisticated

Money transfers are one of the modern-day amenities nobody wants to skip. Long gone are the days when you had to travel long distances to meet people you wanted to give money to, or even when you had to visit banks for the purpose.  Today, all you need to transfer money between countries is an internet connection and to open an account at Genome! This time our team explores what are money transfer systems and some of the most popular ways of safe transfers across the EU.  What is a money transfer system? The term is pretty broad, as it refers to all

It is crucial to have a safe way of connecting to your banking app. One of the methods you can apply is a Virtual Private Network. The Genome article explains closely what it is, how it works, and how your online banking account experience can benefit from it. What is a VPN? A VPN stands for the Virtual Private Network. The main thing about it is that it protects the internet connection of the user. It privates the browser and masks the Internet Protocol address or IP, and guarantees that the internet service provider does not collect and track the