Genome corporate cards
Business services
Finding the best online business bank account
Having the right business bank account is a crucial step for any company to take. This will let you carry out your business banking processes and keep control of your funds. Read on to find out how to compare and identify the best online business bank account options. Key features of an online business bank account You need a useful business account that is going to let you send and receive transfers effortlessly, as well as keep track of your financial transactions with the help of the following key features. Accessibility and convenience 24/7 access means online business bank accounts
Business services
How to choose the best business bank account for startups
Choosing the right business bank account is vital for a start-up to manage its finances efficiently. At this important stage in the company’s development, the right business accounts can help start-ups in several ways, which we’ll look at here. Genome is an innovative electronic money institution that offers a selection of comprehensive business account solutions. We have useful options for anyone looking for a solid startup business account to start accounts, get cards, and make bank transfers locally or worldwide. We’ll be looking at the points to consider when looking for the best startup account for a growing business based
Business services
Using a virtual card for Google Ads: a complete guide
Google Ads is crucial for any business to promote its goods, services, and special offers to its target audience. And to manage Google Ads, Facebook, TikTok ads, or any other online account for your business, you definitely need a quick and reliable payment method. A virtual credit card/debit card can be uniquely useful and have several advantages for such operations compared to a regular credit card. Find out how virtual credit cards/debit cards work and how to use them for Google Ads in the article below! What is a virtual card, and how does it work? Virtual cards are the
Security
Prevent wire transfer fraud: Genome’s tips for businesses
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
Security
Prevent card-not-present fraud: tips for individuals and businesses
Genome’s team is back with yet another article that dives into different types of fraudulent financial situations that people and businesses can face. And this time, card-not-present fraud is on the agenda. Want to know how to avoid scams associated with card-not-present transactions? We gathered some tips below. What is a card-not-present transaction? Before we get to the fraud part, let us first explain what card-not-present transactions are in general. Card-not-present transactions (also known as CNP transactions) are the type of payments a person makes with their debit or credit card. Such payments happen remotely, meaning that the card and
Business services
Virtual card vs. physical card: a comprehensive guide for businesses
Most people with bank accounts will undoubtedly want a card as well. After all, debit and credit cards allow for quick payments in most parts of the world and online. However, when selecting a card, you may wonder which option is better – physical or virtual. Genome is here to help you clear things up. In this article, we describe the difference between virtual and physical debit cards and explain various types of cards in general. What is a virtual card? It is all in the name, really! A virtual card is a payment card that banks and financial institutions
Money and you
Building financial security: 10 essential steps
The article has been updated on 29.08.2024 Financial security and financial independence are things that most people strive for. But achieving these is not that easy, especially if you don’t have a plan or have enough worries in your life as is. Still, you can do it in 10 steps and by being consistent. This article will cover essential actions, from cash budgeting and debt management to investing wisely and saving for retirement, helping you build a solid foundation to be financially secure. What is financial security? So, what is financial security in terms of your personal finance? Financial security
Security
The ATM skimming fraud: how to recognize and prevent it
The Genome team continues explaining the different types of fraudulent financial schemes people can find themselves in when running their day-to-day errands. And what can be more mundane than using an ATM? Unfortunately, this is why you can be caught off guard and become a victim of ATM skimming fraud. This article explains how skimming fraud occurs and how you can recognize and avoid ATM skimming. What is skimming in banking? When talking about financial fraud cases, one may be used to thinking that scammers mainly operate online, as it is easier to trick someone who can’t see you. However,
Product news
You can now get 100 virtual corporate cards for just 1 EUR/card instead of 5 EUR/card
Genome’s corporate virtual cards are great alternatives to physical ones when it comes to online and contactless payments. You don’t have to carry them around, can’t lose them, and can use them just minutes after placing an order. Our team ensured that any company could apply for virtual cards in seconds and manage them just as easily. We understand that businesses will likely need more than one card – be it for their authorized employees to make corporate purchases or for media buying purposes. And today, we are ready to share some exciting news! If you are thinking about getting