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Is your ATM business missing out on social media sales?

ATM Marketplace

Studies indicate that social media users spend 20–40 percent more with companies that engage with them via social media — and they rely on social media channels for their first line of customer service interaction.

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Inside The Fight For Digital Driver’s Licenses

PYMNTS

In the February Digital Identity Tracker , PYMNTS explores the latest developments in the world of digital IDs, including digital driver’s license initiatives around the country, biometric solutions for credit cards and the growing danger of fake profiles on social media. Deep Dive: How Fake Profiles Endanger Social Media Networks.

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Social media payments: An ally or adversary of banks

ATM Marketplace

However, the slow evolution puts banks increasingly at risk of disruption by their social media competitors. Many banks have increased overall focus on user experience within their digital ecosystems and have added new functionality like peer to peer payments into their mobile apps to avoid disintermediation.

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4 ways to promote your ATM business with social media

ATM Marketplace

Social media does not have to be difficult. With the right tools and planning, it can serve as a heavyweight marketing and customer service tool — without requiring heavy lifting in terms of time and energy.

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McDonald’s Big Mac ATM

PYMNTS

Kenmore Square, Boston will activate what it calls a “customized digital Big Mac ATM.” the Big Mac ATM will dispense two new sizes of burger — the Mac Jr. But what the Big Mac ATM does do is offer McDonald’s a clever, relatively inexpensive and multifaceted marketing tactic. McDonald’s got its hands on a vending machine.

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Bitcoin Daily: TV Show Creator Sues Facebook For Bitcoin Ad Scam; Vancouver Cracks Down On Bitcoin ATMs

PYMNTS

De Mol’s lawyers accuse the social media giant of failing to prevent the ads, as well as not responding fast enough to complaints. In other news, Vancouver’s mayor is suggesting the ban of bitcoin ATMs, as the city’s police called them an “ideal money laundering vehicle.”. million euros ($1.9 million) from its victims.

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Facebook Preps GlobalCoin Launch

PYMNTS

The social media giant has been working on the project — code-named Project Libra — for more than a year, centered around the company’s own digital coin that users can send to each other, as well as use to make online purchases.