Money and you
A complete guide to unified payments interface (UPI)
Unified Payments Interface (UPI) is an instant, real-time payment system used in India. It allows users to move money easily between bank accounts at any time through a mobile application. The UPI app provides a low-cost approach that has revolutionized instant payments here. How does it work, and will it change bank payment processes across the planet? While UPI is currently only available in India, we’ll be looking at how the Genome fintech platform offers secure, compliant alternatives for global business. Read on to get the basics of Unified Payments Interface explained and understand how to use this or an
Money and you
Italian fintech startups to watch in 2025
The growth of Italian fintech startups has provided one of the most interesting financial stories of recent times. So far, 2025 has been another memorable year for innovation and investments in the fintech field here. While artificial intelligence and crypto assets have grabbed a lot of the headlines, there have been plenty of other areas where Italian companies have taken the lead. Find out how the Italian fintech startup scene is booming thanks to fresh ideas and technology, while putting a particular focus on the role of regulation and corporate governance. PSD2 and open banking are among the areas helping
Money and you
What are Faster Payments? A complete guide
The Faster Payments system (sometimes referred to as FPS) is not just a regular payment system, but one of the few UK interbank payment systems that enables payers to make instant payments. Instead of waiting days for transfers, users can send funds instantly, and FPS will process payments the same day. In this guide, we’ll explain what Faster Payments really are, how they work, and how they compare to other systems. What is the Faster Payments Service (FPS)? The Faster Payments service is a United Kingdom-based payment system introduced by the UK Payments Council (now Pay.UK) in 2008. From the
Business services
Starting a business in Italy as a foreigner: a complete guide
Italy holds a great deal of appeal for foreign investors and entrepreneurs. With a strategic EU location, enviable lifestyle, and robust economic sectors, its appeal is easy to see. When it comes to starting a business in Italy as a foreigner, we’ll be looking at the key points to bear in mind that ensure a smooth start, covering all the requirements and processes. Can a foreigner start a business in Italy? Foreign investors can start a business in Italy, although the rules vary according to the person’s legal status. Non-EU citizens may require a business visa to get started before
Money and you
The top fintech trends for 2025: what’s leading the future of finance?
The top fintech trends in 2025 have helped change the business landscape and will continue to do so. The current boom in this area is allowing financial institutions, fintech companies, and other businesses to change the way they work. Understanding the main trends is vital for businesses, as well as innovators and consumers. Among the main talking points in the fintech sector this year, we’ve seen the growth of artificial intelligence (AI), real-time payments, and embedded finance. However, any look at the top fintech trends also has to cover topics like cybersecurity, behavioral biometrics, virtual cards, and tokenization. It will
Money and you
iGaming conferences: top events, trends, and tips for 2025
iGaming conferences are crucial events that offer networking opportunities and the chance to discover the latest technology solutions from industry leaders. It is where visitors get to see payment solutions for the iGaming industry, the most relevant regulatory updates, and all of the current industry trends. We’ll be looking at what conferences for the global gaming community are coming up this year. This includes iGaming events that appeal to sporting betting and online casino operators, as well as those aimed at affiliates. Find out how tech providers, regulators, and others use these conferences to provide details of the latest advances.
Money and you
What is SWIFT gpi? Overview, benefits, and how it works
Since its launch in 2017, SWIFT gpi has achieved a high level of industry adoption across the globe. This is due to the way that it has helped improve various aspects of international payments. Financial institutions and businesses that carry out trades can now track international transfers more easily, adding more transparency to other benefits such as increased speed and certainty. Genome enables business wallet clients to send and receive international transfers using the SWIFT network, offering a broad global reach. You can send and receive payments from over 40 countries. Moreover, we cover a wide range of currencies: USD,
Money and you
Difference between CHAPS and Faster Payments
When looking at CHAPs and the Faster Payments service, it pays to make the right decision. Cost is one of the key factors when choosing between these two methods of sending money to a recipient’s bank account. Business efficiency is another point to take into account when looking at recurring bank transfers or one-off payments. To make the right decision, we need to look in depth at these payment types and how they work. What is CHAPS? The question of what a CHAPS payment is is easy to answer. It is the Clearing House Automated Payment System, used for same-day,
Money and you
Italian fintech map: trends and what to look for in 2025
The Italian fintech map for 2025 shows an exciting scene where several key factors are set to capture our attention. To start with, the Bank of Italy oversees the PSD2 (Payment Services Directive 2), which has been created to boost the payments market by encouraging innovation and security in the fintech sector. SEPA adoption is ramping up here, with instant credit transfers to be made available this year, creating a new challenge for banking apps that the Italian fintech companies will be looking to resolve. This European country has seen tremendous growth in its digital banking culture. With more people