This November, we focused on services that help businesses scale smarter and optimize operations. We explored how Italian SMEs can manage their finances with multi-currency accounts, broke down practical tools like mass payouts and travel merchant accounts, and added clear guides on SMEs and virtual IBANs.
Interested? Dive deeper into the articles we covered in November and find out how to make your business grow and run smoothly!
Italian SMEs: closing the finance gap and using multi-currency accounts
How fintech companies close the finance gap for Italian SMEs
Italian SMEs are the backbone of the country’s economy, representing the vast majority of businesses and a huge share of employment. Yet many still struggle to get the right financing and banking services from traditional banks.
In “How fintech is closing the finance gap for Italian SMEs”, we explain how fintech companies can help. For instance, how they step in with digital lending, alternative credit scoring, crowdfunding, and peer-to-peer models.
Genome offers advanced, business-oriented services to companies as well. From SEPA Instant Transfers to merchant services, we have everything you need for growth and success.
Multi-currency business accounts for Italian SMEs
To take that idea further, the article on multi-currency business accounts for Italian SMEs looks at what happens when these companies start scaling abroad. Export-driven SMEs face constant conversions, hidden fees, and slow cross-border transfers if they rely on traditional bank accounts.
At the same time, multi-currency accounts let businesses hold, send, and receive multiple currencies under one account.
Businesses can use accounts in key currencies (EUR, GBP, USD, etc.), so Italian SMEs can appear local to international clients and get paid faster.
As we are already talking about multi-currency accounts, we also recommend the recently updated article on their overall functionality.
Find out why multi-currency accounts can be valuable to any business, no matter if it is located in Italy or another European country!
Open an account
in Genome online
Genome services in action: mass payouts and travel merchant accounts
Mass payouts for growing, global teams
This month, we also published a practical guide for companies that need to send a lot of payments at once. Mass payouts are perfect to use for affiliates, contractors, marketplace sellers, or global teams.
Mass payouts allow you to group multiple transfers into a single, automated batch instead of sending each payment manually.
Genome combines batch transfers and PSD2/AML-compliant security so that bulk payouts remain safe and efficient.
Merchant accounts for travel agencies
Travel agencies are inherently cross-border businesses: bookings, refunds, and add-on services often come from customers worldwide. The new merchant account for travel agency article describes why having a specialized travel merchant account is so important.
It’s your chance to find out why travel agencies need robust merchant services to accept global payments.
And, of course, learn the benefits of choosing a provider like Genome for fast settlements, support for international customers, and integration with other digital tools.
Security first: KYC, fraud prevention, and cardholder data
What is KYC in finance, and its importance
Our new KYC in finance guide explains what really sits behind those “upload your ID” and “verify your address” steps when opening an account.
KYC (Know Your Customer) is a mandatory framework that helps financial institutions verify identities and prevent money laundering and fraud.
Learn how providers like Genome treat KYC as an essential part of a secure, long-term customer relationship rather than just a compliance checkbox.
Merchant fraud prevention in the age of ecommerce
We also released an overview of merchant fraud prevention for online businesses.
The article expands on the most common fraud scenarios: chargeback fraud, transaction laundering, and account takeover.
It also explains how to react with tools such as multi-factor authentication, AVS/CVV checks, AI-based risk scoring, and real-time monitoring.
Open an account
in Genome online
Cardholder Data Environment (CDE) explained
Another guide focuses on the cardholder data environment (CDE), the infrastructure that stores, processes, or transmits card data.
It will help you understand why the CDE is central to payment security and what a well-protected environment looks like.
Other important guides: SMEs and virtual IBANs
SMEs and their finances
The “What is SME in business?” article explains how small and medium enterprises are defined in different regions. Once you decide to start a company, such knowledge is crucial.
The article also shows how modern fintech solutions help SMEs operate more efficiently and manage risk as they scale.
Virtual IBANs: the backbone of smarter cross-border payments
The virtual IBAN guide breaks down how virtual IBANs work as digital identifiers linked to a master account. Such accounts allow businesses to issue multiple IBANs per region, client, or revenue stream while keeping funds centralized.
Combined with multi-currency accounts and international transfers, plus secure processes like KYC, virtual IBANs give SMEs the account structure they need to expand confidently across borders. Just see how it works in action – with your Genome accounts!
Did you miss Genome’s previous month in review? Don’t forget to check the October updates! Learn more about digital banking and B2B fintech in Italy, merchant accounts and Open Banking essentials, modern security and compliance updates like VoP and PSD2, and more!
