With all kinds of financial services becoming available through functional mobile applications, business digital wallets are also more convenient and accessible now. Large or small company owners and even sole proprietors will benefit greatly from having an online account to manage their expenses, transfer money online, and accept funds from customers.  In today’s blog post, Genome is talking all about the reasons to open an account for your business and discusses all the advantages of such an online account.  Strong reasons to open an account for your company In both Europe and the USA, business bank accounts have similar functionality and serve the same purpose –

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 even if it’s not a must. 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 wallets and merchant accounts*, which are the must-haves for any company. Today’s blog post will discuss the most well-known business bank accounts and what makes them special.  Business account explained There’s a common misconception that a business bank account

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 and business 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: new

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

June – what a great time for a celebration on the beach. And this month, we have some major news to celebrate! We also want to share this joy with you – whether at the beach or in the office! Spotlighting Genome for German clients Financial services are now prevalent worldwide, but choosing an option that is right for your business is not easy. But no worries, our team is here for you, and in June, we focused on people who live or moved to Germany. “Choosing a bank in Germany for foreigners” is an excellent read for those who

Staying on top of your financial game is a skill every business person must acquire. Especially when it comes to mass payouts to your employees, partners, or contractors. You have to make sure you don’t overspend, don’t miss anyone, and don’t miscalculate on the transfers’ delivery time. Well, no one said you have to face all this alone – Genome is here for you! Recently we have perfected our batch transfer (aka mass transfer) feature to make it more flexible and accessible to our corporate clients. To make mass payouts, you can either use SEPA or Genome instant transfers to

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