business accounts
Business services
What is a money transfer API? A complete guide
We aim to explain what APIs (application programming interfaces) truly represent and how financial institutions utilize API banking to facilitate money transfers. The reason for that is twofold: first, the growing popularity of using API to send money or utilize other financial services, and second, Genome, as a provider of API-driven payment tools, sometimes faces questions from clients such as “What is banking API,” “Do I need API for a bank account,” and so on. Discover what API banking is and how Genome utilizes APIs for its financial services below. What is an API money transfer? In broad terms, a
Money and you
Italian neobanks explained: what are they, market overview, and benefits
If you’ve ever seen a neobank in Italy or elsewhere, you’ve discovered the world of digital banks and online payments. This type of online bank is now springing up across the planet and enjoying rapid growth despite not having the physical presence of branches like traditional banks. We’ll be looking at the data to see the top players in the Italian digital banking scene. This is part of a fast-moving trend where millions of customers manage their bank accounts from an app or website, moving billions of pounds, euros, and dollars without visiting a bank branch. What is a neobank?
Business services
A guide to online gambling in Cyprus: laws, payment methods, and industry trends
Online gambling in Cyprus with casino games like slots, roulette, and blackjack is an increasingly popular activity. The presence of regulatory frameworks is the key to understanding this industry, as it provides casino operators and sports betting bookmakers with the rules they need to operate legally in Cyprus. It gives players the confidence to play gambling games in Cyprus and expect to receive their winnings safely, too. When it comes to legal online gambling, Cyprus is one of the countries that issue a license to operators, although this mostly applies to sports betting rather than full-scale online casino games. However,
Business services
The role of eWallets in iGaming: fast, secure, and player-friendly payments
eWallets provide an increasingly popular way of making online payments, with eWallets for iGaming particularly important now. This is one of the most effective ways to make fast and secure iGaming payments to start playing casino games for real money. It is one of the leading payment methods for online gambling for several reasons we’ll be looking at. While it’s also possible to pay directly from a bank account or use alternative methods to make payments, such as credit and debit cards from Visa and Mastercard, eWallets offer seamless transactions with low fees, among other benefits. The advantages of using
Money and you
What is an electronic money institution (EMI), and how does it work?
An Electronic Money Institution (EMI) is a type of financial entity authorized to issue, store, and manage electronic money – digital value that is backed by fiat currency and used for electronic transactions. Unlike traditional banks, e-money institutions are not permitted to offer full-scale banking services. However, they can now play a significant role in the modern economy by providing payment services, digital wallets, or facilitating international transactions. In countries that allow electronic money institutions, they are heavily regulated by financial authorities – often central banks – but not always in the same way as traditional banks. EMI must safeguard
Money and you
Best digital banking options for digital nomads in 2025
The need to find the best bank for digital nomads has become more important than ever before. Increased work flexibility and global reach have changed our lives, and traditional banks don’t always offer us what we need to handle multiple currencies and avoid hefty foreign transaction fees. With up to 80 million digital nomads currently working from laptops or smartphones across the planet, the idea of opening and using a bank account has changed for many people. These online workers now need to be able to handle their money in different countries and currencies without high currency exchange fees. Digital
Company
Genome enables Sepagon clients with faster C2B payments and alerts
Genome’s team constantly improves its financial features not only to make our clients’ experience more straightforward but also to help enhance the services of other businesses within the payments industry. We are pleased to report that our recent partnership with Sepagon, an open banking payment platform, is a direct result of this. Sepagon now integrates our secure incoming payment APIs and real-time C2B payment notifications, allowing it to take the speed, transparency, and reliability of C2B payments to a whole new level. Thanks to Genome’s API, businesses that use Sepagon can now accept payments directly from customers’ bank accounts. It
Business services
A guide to online gambling in Malta: regulations, payments, and trends
Malta is a small European country that earned a considerable reputation as a hub for online gambling activities. It was the first EU member state to regulate online gaming products back in 2004 when the Maltese government effectively established the benchmark for licensing, fairness, and responsible gambling practices. However, the Maltese license is valuable for gaming companies not only because gambling has become legal in the state but also because of the favorable tax regime for such businesses. We are talking casino games, horse racing, and sports betting games – many online gambling platforms from the gaming industry are welcome
Business services
How open banking is reshaping online casino payments
Open banking is a relatively “young” technology, with its official implementation in the EU starting in January 2018. The innovation allows third-party providers to securely access bank account data and initiate payments using APIs with the user’s consent. Open banking payments are faster and more transparent because they bypass traditional payment networks. Open banking emerged in response to regulatory frameworks like the revised Payment Services Directive (PSD2) in Europe, which was introduced to increase competition, innovation, and security in the financial sector. PSD2 requires banks to open their payment services and customer data – securely and with user consent –