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

The article was updated on 18.09.2024 Did you know that Genome offers one of the quickest and most secure authentication methods for your log-ins – biometric authentication? To enable biometric authentication, you just need to: If you don’t have the Genome app, don’t worry. You can easily download it for free for your iOS or Android-based device, giving you instant access to its powerful security features.  You might wonder – what is a big deal about additional authentication steps when managing finances online? Unfortunately, even with multiple advanced security solutions, the internet still remains a place where fraudulent scams and

Among a plethora of online fraud and scams, some are more obvious than others. Unfortunately, this is not the case for the one we want to warn you about in this article. This fraudulent scheme is called pharming, which can have devastating consequences for companies and individuals. The reason is that many people don’t even suspect that anything is wrong when encountering the pharming scam.  Genome’s team is here to help you stay vigilant – find out more about pharming and how you can recognize it below. Pharming: definition of the term If the word “pharming” reminds you of another

Welcome to a new (and hopefully improved) year! Cheers to 2024 being a productive and prosperous year for you, your loved ones, and your partners. Genome’s team, in the meantime, has some updates to share. Learn more about the latest news below! Meet up with Genome at upcoming February conferences Our team continues engaging in different events to gain perspective on the needs of various client groups. And, of course, it is also important to get the latest news and insights on the development of financial, iGaming, and other industries.  February is filled to the brim with exciting events and

Here’s your friendly reminder – Valentine’s Day 2024 is upon us! And, in many cases, it can bring a bit of chaos into your life. Yes, you know exactly what we mean: a search for presents, coming up with exciting ideas, planning, etc.  The preparation one needs to undergo for this holiday can somewhat ruin the mood. But here’s an important question you need to ask yourself: do I need to stress about Valentine’s Day that much? Well, let the Genome‘s team help you determine that! Let’s go through the main things you need to consider before the celebration so