$MITK – Ai Fraud Prevention, Deep Fake Detector, Strongest Software Name.

With the monumental rise of Ai comes the rise of Ai fraud.

Whilst almost every software name in existence getting pummelled and every defence name slaughtered, MITK which Is BOTH just wants higher. All dips bought, daily and weekly lined for an ATH breakout. It's clear that this is the name people want when it comes to Ai fraud prevention, deepfake detection and Ai security automation.

99% of all checks in the USA are processed via Mitek, over 7,000 organisations use their software. Banks, Credit Unions, Consumer Finance, Fintech, Identify Verification. It's software is used within nearly every top US bank already.

With the rise of Ai the TAM for this sector has exploded, so I'd expect to see huge growth in coming quarters as Fraud dramatically ramps up due to deepfakes. Their deepfake spotter won't just be for verifying customers but identifying what's real and what's not in all walks of life.

People are all excited about the "digitalisation of everything", what company stands to benefit greatly from that? Mitek. They're already beginning to expand their offerings and whilst banks struggle to keep up with Ai Mitek remains right alongside.

$600m market cap with incredible margins 78%, $200m In cash and serving Fortune 500 companies. They have a proven track record and have been public for 15 years. They're now in the right place at the right time.

In my opinion this is an asymmetrical bet.