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

The breakneck growth and development of the banking industry leads to the emergence of amazing products. Our team believes that multi-currency accounts are among the best features there are. They are simple, straightforward, and allow a lot of flexibility for clients.  So, what is a multi-currency bank account? Find out below and learn how to start a multi-currency account inside Genome.  Multi-currency bank account: the definition The definition of a multi-currency bank account is easy to decipher based on the name alone.  In a nutshell, it is a banking account that allows clients to maintain balances in various currencies simultaneously,

Learn about the best practices in wire transfer fraud prevention from Genome’s Džeineta Dalia Pumputytė – Head of KYC, Deputy Head of AML, and Compliance. For additional information, check our one-pager on the matter. Do you want to know how to keep your information and funds safe from the most common types of fraud? Check Genome’s security page, where we list our advice. What is wire transfer fraud?  It is a type of fraud that involves the misuse of any electronic money transfer services by malicious actors for their personal gain. To commit wire transfer fraud, scammers first use a variety

The year is almost over, and the Genome’s team can’t be happier! After all, it is time to celebrate all the hard work and achievements!   As we reflect on 2023, our team aims to share key updates and noteworthy news about Genome – presented in no specific order. Delivering our iGaming financial services to more businesses  Our team continuously works on and improves services for iGaming companies. All these features are tailor-made to please the customers’ most anticipated wants and demands.  One of the key developments in this direction was our partnership with Gamingtec. Gamintec is one of the leading

Let’s be honest: the holiday season can be stressful, piling up on top of other worries you might have had during the year. Thus, it is crucial to take care of yourself to enter the new year well-rested and full of energy. Genome’s team is all about this mindset! We have gathered some of the tips on what you can do to feel refreshed in 2024. In small and grand ways!  Visit other countries This is an obvious one, but it is simply too good not to be included! If you have time and means – why not experience other

Winter holidays, for all their cheerfulness and magnitude, can be quite chaotic, especially when they creep up on you unexpectedly. It’s just like that: you are all caught up in your work, family life, and daily errands, and it hits you – the celebration time is near! To ease the stress, it is better to plan some things ahead of the holidays. And Genome has suggestions to help you better navigate your life before the upcoming celebrations! #1. Vacation time, of course!  No explanations are needed here – you had a year filled with either work, chores, family matters, or