It is that time again! We are back and happy to present a new Month in review, covering all the updates for April 2024. In this edition, we have many articles covering completely different topics.  But one thing is for sure: all of them can be useful when it comes to your finances and security! Learn why there’s nothing romantic about romance scams Nothing is sacred to fraudsters, your love life included. That’s right – criminals can steal your funds by faking a romantic interest.  Our team delved into the insidious world of romance fraud, shedding light on the tactics

Online casinos are profitable businesses with annual growth rates higher than those of some countries. The revenue of the online casino market will only flourish. In just five years, the projected market volume will increase from $36,64 billion to $46,93 billion.  If you are considering starting your own online casino business, our team at Genome has some essential tips, which we have broken down into a 10-step blog post.  1. Understand the online casino market So, you might be wondering, “How to start an online casino in this current year?”. Market research and identifying your target audience are half the

Ah, the social pressures of today. People have to navigate through a lot of complicated and exhausting situations both at work and in personal matters. And, at the end of the day, when it’s time to kick off your boots, many choose to surf the internet just to encounter another trap. The fear of missing out (FoMO) for short. Let us make the situation a bit easier for you. In this article, we at Genome want to dive deeper into explaining what FoMO is and how to navigate your finances through some of the social pressures associated with it.     What

Have you recently received any random messages professing eternal love for you? Well, don’t be in a rush to respond – this is likely a primitive romance scheme. But sometimes, this type of fraud is not so obvious.  Let Genome help you figure it out. In this article, we uncover the meaning behind romance scams and explain how these can be avoided.  What is a romance scam? Like in many other fraudulent cases, the criminal creates a fake identity and starts surfing dating sites or social media. There, the fraudster starts corresponding with people, trying to quickly establish a “romantic

Well, spring is coming in on us fast, and we hope it makes you feel refreshed and revitalized! How about checking Genome’s latest updates? We have some interesting topics to share!  Choose wisely: What should you look for in payment solutions for iGaming?  The iGaming industry develops at a rapid pace, bringing entertainment to many clients around the world. However, the more this sphere grows, the more challenges it encounters, one of them is finding the right payment service provider. We would like to help with that! In our newest article, we described the cutting-edge payment solutions tailored specifically for

The iGaming industry is dynamic and faces many struggles on the path of its development. From emerging iGaming technologies to common updates in laws and regulations, online casinos have a lot on their plate. Thus, it is crucial to use a gambling payment gateway and a gambling payment processor that are up for the challenge.  The crucial role of a reliable payment solution in iGaming The iGaming industry is a broad term that encompasses multiple types of businesses, such as online gambling, internet gaming, online casinos, sports betting platforms, and more.  It is one of the most over-regulated business sectors

Not all fraud types are created equally, so to speak. Some are decades old, others are very simplistic, and even those that require deeper knowledge of technology. Loan fraud also has some specific characteristics. Its complexity is mainly due to the types and involvement of different parties.  But don’t let us at Genome get ahead of ourselves. Let’s take on the topic one step at a time to better understand the risks of loan fraud and how to prevent it.  Loan fraud: definition of the term   In general terms, loan fraud (sometimes called lending fraud) is a fraudulent activity when

As we bid adieu to the cold season, we eagerly anticipate the arrival of spring, bringing with it a fresh wave of news and updates.  But don’t be in a hurry just yet – Genome has monthly updates to share with you!  Take your security inside Genome to the next level! Genome’s team always prioritizes the security of its clients. Not only do we implement advanced, industry-tested services for data and funds protection, but we also educate people on common fraudulent schemes. We recently published an article explaining how enabling two-factor authentication (2FA) can significantly increase your protection against data

The internet is too much sometimes: you answer emails, browse the web, scroll social media, get messages, and so on. All these can make you let your guard down, which is what scammers want. Especially when it comes to account takeover fraud. However, there are ways to prevent it, and Genome‘s team is ready to share our insights.  What is an account takeover?  An account takeover (ATO) occurs when a malicious actor gains unauthorized access to someone’s personal account, varying from social media to a banking app. After that, the scammer steals the individual’s money or personal information.  How serious