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Today In Payments: Coronavirus Decimates US Stock Market; Ex-Microsoft Engineer Guilty Of 18 Felonies

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Evolv Ventures (the $100 million venture arm of Kraft Heinz) Managing Partner Bill Pescatello tells Karen Webster how a new investment in Israeli startup Fabric can bring automation to the corner store and help speed deliveries. How One Nevada Credit Union Secures Its Self-Service Innovations.

Nevada 142
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POSaBIT Rolls Out Mobile POS For Cannabis Merchants

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POSaBIT, based in Seattle, already manages millions of transactions for over 120 dispensaries across Washington, California, Nevada, Colorado, Arizona and Oklahoma. In May, Nevada authorized what the Associated Press called a “limited marijuana banking system” for the state, where recreational cannabis is legal.

Mobile 130
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Chinese eSports Provider VSPN Raises $60 Million To Expand Overseas

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Shanghai-based VSPN said it plans to spend the cash largely on investing in innovative eSports production technologies, creating new products and expanding its reach overseas. Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group.

Nevada 180
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Trust & Will Completes First-Ever US Digital Will

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The company teamed up with Notarize , which provides legal notarizations online, to execute a digital will for a man named Cory McCormick, a Nevada police officer. Currently, Nevada is the only state that allows digital wills. “It The firm was started by Cody Barbo, Daniel Goldstein and Brian Lamb.

San Diego 122
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Odds Are That Online Sportsbook Wins Big Post-COVID

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Our enhanced agreement with DraftKings provides innovative opportunities as we look to deliver a best-in-class fan experience,” Giants Chief Commercial Officer Pete Guelli said in a statement. That’s caused the sector to balloon in 2020’s first half, and that growth is showing plenty of momentum.

Online 168
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Can Crypto Power Tourist Cities, Block By Blockchain?

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Keng Kai said in the FX Empire interview, “Technological innovations will be focused on the improvement of the fundamental infrastructure and integrated with the city statistics. The creators put [emphasis] on safety and security management of all smart city systems.”. There is also, of course, the blockchain technology.

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Nipton, Calif., Goes To Pot, Literally

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Nipton is a tiny town that sits on the border with Nevada and is home to about 20 souls. American Green managed to buy the whole thing – all 120 acres of the town – for a very reasonable $5 million. The town, about an hour from Las Vegas and three hours from L.A., has a hotel, a general store and a schoolhouse as its main features.

Las Vegas 109