personal accounts
Money and you
Does FoMO control your spending habits? How to manage it
Ah, the social pressures of today. People have to navigate through a lot of complicated and exhausting situations both at work and in personal matters. And, at the end of the day, when it’s time to kick off your boots, many choose to surf the internet just to encounter another trap. The fear of missing out (FoMO) for short. Let us make the situation a bit easier for you. In this article, we at Genome want to dive deeper into explaining what FoMO is and how to navigate your finances through some of the social pressures associated with it. What
Money and you
What is digital banking: types and services it offers
The concept of banking is extremely broad nowadays, encompassing multiple types of financial institutions and various services for individuals, companies, and merchants. And digital banking has become a big part of it, as the industry has been undergoing significant transformation. Thus, diving into the digital banking topic is important, and that’s what Genome’s team is doing today! Find out more about digital banking services and how to start using them in this article. We also explain the difference between online, mobile, and digital banking. Digital banking: meaning of the term The name of the term “digital banking” says it all.
Money and you
What is an ATM? Understanding automated teller machines
The article was updated on 28.11.2024 ATMs are so common among banking services nowadays that most people likely take them for granted. However, if, by some unexplained mystery, all ATMs disappear from the planet tomorrow – you will definitely notice. They are an integral part of essential banking tools and people’s day-to-day errands. But what is an ATM exactly? Have you ever wondered how ATMs work and which services they provide? Well, Genome is here to answer your questions! Learn more about them in this article. What is an automated teller machine (ATM)? The automated teller machine (ATM) is a
Business services
Retail banking vs. corporate banking: how do they differ?
Nowadays, banking is a broad concept encompassing multiple types of services. Just take a look at the article where we described different types of financial institutions – definitely, the market is very diverse. By the way, in that particular article, the Genome team mentioned retail and commercial (corporate) banks, and we decided to elaborate on the topic a bit more. Thus, today, we will explain the difference between retail and corporate banking and also describe some of the services that retail and corporate banks provide. What is a retail bank? If you are looking for an account for your personal
Business services
Business checking account vs. personal checking account: the difference
The type of account you select can really make or break your banking experience. That is why knowing what you get into when applying for an account is a must. For instance, are you sure the business checking account you are considering getting is on par with your company’s requirements? Maybe this Genome article will help you figure it out! Join us as our team explains the difference between business checking vs. personal checking accounts. Business checking account: a definition If you have ever searched for a business account, you probably came across entire lists of different account types. For
Money and you
The 5 features of a bank account that define a great online banking experience
So many banks and financial institutions choose the online route for their services. And for a good reason! After all, it is a more straightforward way of delivering their product to clients. But what are the most crucial features of internet banking? Today, Genome will help you figure it out! Find out which features can really make your financial operations trouble-free. Must-have bank features and services for online banking clients The complete accessibility of features of digital banking It seems like a strange requirement at first. But, to be honest, not all financial institutions that promote their digital solutions commit
Money and you
Bank statement: why do you need this financial instrument?
Banking encapsulates many services: money transfers, debit cards, merchant accounts, etc. At least, this is what most people first think about. But there’s more to banking, as clients sometimes overlook small but still essential features. For instance, bank statements. In today’s article, Genome explains what a bank statement is, how to get a bank statement, and how people can effectively use it to improve their banking experience. Bank statement: what does it refer to? A bank statement is a document that lists all the transactions and details about them that occurred inside a bank account during a certain period. Usually,
Money and you
Understanding different bank account types: a comprehensive guide
The article was updated on 01.10.2024 Whether you’re managing personal finances or running a business, the right type of bank account is essential. Both individuals and businesses have unique needs, and the financial industry offers a variety of accounts to meet these demands. In this article, we’ll break down the different types of bank accounts, helping you find the best fit for your financial goals or everyday banking. What are the main types of bank accounts? Yes, you do need a bank account in a modern, technologically advanced world. Not only if you own a company but also for your
Money and you
Types of e-banking and what it is
Our team recently released an extensive article that covers the main examples of financial institutions. In it, when talking about internet banks, we also mentioned the phenomena of electronic banking and internet banking. And it is an interesting topic in itself. So, Genome’s team decided to elaborate on the topic a bit more. Find out what are the different types of online banking in this article. Electronic banking: types of e-banking With a name like this, what you see is what you get. Electronic banking, also known as e-banking, is a method of provision of different financial services to customers