Nexa Cards Eyes OX Agency for a Smarter Future

Nexa Cards, a fintech company known for its crypto-friendly cards, is in talks to buy OX Agency. This move is all about boosting security and making sure everything runs smoothly. OX Agency specializes in facial recognition and AI-powered identity checks. By adding this tech, Nexa Cards aims to make fraud harder and compliance easier. The plan is to use OX Agency’s real-time biometric verification and AI risk analysis. This would help Nexa Cards during customer sign-ups, transaction monitoring, and overall platform security. The goal is to reduce reliance on third-party services and make the system more efficient. Randy Waxman, President of Nexa Cards, pointed out that owning core identity and security tech is crucial as digital payments and crypto grow. This acquisition, if it happens, could make Nexa Cards more competitive in regulated markets.Nexa Cards offers virtual and physical cards that work with major payment networks. Adding AI-driven biometric verification could build more trust with customers and support expansion into stricter markets. However, the deal is still in the works and subject to due diligence and regulatory approvals. Meanwhile, Nexa Cards is in the middle of its presale phase. This isn't just about raising funds; it's about improving the platform's infrastructure, security, and global reach. Participants get early access to features and better pricing, showing Nexa Cards' focus on long-term growth. Nexa Cards operates globally, offering reloadable cards for both digital and fiat currencies. The company emphasizes security, compliance, and accessibility. More details can be found on their website.