WARISBORING – May 16 – In 2016, the FBI's Internet Crime Complaint Center (IC3) received ~15k reports of romance scams. According to Zoosk, ~1/4 of profiles that get blocked on suspicion of fraud are attempts at impersonating members of the US Armed Forces so the site is launching a military verification feature, called Insignia, to verify whether or not a user is a member of the US Armed Forces. Zoosk partnered with SheerID, a long-trusted verification company, to provide active duty military and reservists the opportunity to verify that they are legitimate service members.
Month: May 2018
Aussies Conned Out Of $3.55M So Far This Year By Online Dating Fraudsters
NEWS.COM.AU – May 4 – Comparison website finder.com.au recently analysed data from the ACCC and found Aussies have lost ~ $3.55M through dating scams this year alone. That's a 19% increase from the same period in 2017, with 402 reported cases from January to March 2018. The average victim lost ~$9K and just over half of those scammed are female, with 45 – 54 year olds most likely to fall victim.
Director Of Machine Learning At ZYA Music To Speak At The iDate L.A.
WEBWIRE – May 16 – Zya Music will speak at the iDate Mobile Dating Conference. The event takes place on June 12-13, 2018 at the Sportsmen's Lodge Events Center in Los Angeles, CA. Sriram Durbha, Director of Machine Learning at Zya Music will present on machine learning innovations that could apply to dating business.
Apple Cracking Down On Apps That Send Location Data To Third-parties
Blockchain Dating App, Luna, Hopes To Reinvent Dating
FINANCIAL TIMES – May 16 – Luna, a new blockchain based dating app, hopes to make anonymised data open to researchers, who will design algorithms to match couples. Luna hasn't launched yet but it does have a "white paper". Using online interactions, it would like to dive deep into the data to understand what makes a successful match. Andre Ornish, Luna's founder, says he is already speaking to social psychologists about how they could use the data to spot patterns that could lead to "higher-fidelity matches".
From Spotify To Instagram, The Entire Internet Is Now A Dating Site
WALL STREET JOURNAL – May 14 – Platforms for networking, blogging and more do double duty as matchmakers. Musician Jacoby Jennings doesn't like online dating sites. Yet he found love through the music-streaming service Spotify. Now Facebook is officially getting into the act. Social-media sites are getting better at connecting strangers through mutual interests and friends, says Brooklyn Sherman, who founded a blog and Instagram account called "The Way We Met."
Tinder’s Upcoming Location-based Feature Seems A Bit Creepy
Momo Successfuly Closing Tantan Transaction
PR NEWSWIRE – May 11 – Momo has successfully closed the transaction with regard to its acquisition of 100% equity stake of Tantan Limited, previously announced on Feb 23, 2018. Momo is one of China's leading mobile-based social and entertainment platforms.
See full article at PR Newswire
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This post also appears on InternetDatingInvestments.
New Muslim Marriage App ‘Veil’ Aimed At Students And Working Professionals
Two IDEA Analyses :: Fraud Detection And UGC Review
OPW – May 15 – Please see the attached two analyses on Fraud Detection and User Generated Content review services that are in use by the dating industry.
For Fraud Detection, we took a look at, and recommend you take a look at: Kount, iovation, Sift Science, and ThreatMetrix.
For UGC Review, we identified the following companies that were serving the dating industry: Besedo, Crisp Thinking, Crowd Flower, Foiwe, Scamalytics, SightEngine and WebPurify.
ALL media is biased. But, GOOD media will tell you exactly where they are biased. We are biased with Kount, Besedo, Scamalytics and WebPurify. We have been retained by them in the past for help getting the word out to the dating industry.
Besedo and Scamalytics will both be attending the June 12-13th iDate in Los Angeles, so you can catch them there, btw. See you there hopefully.
- Download "Fraud detection solutions for the online dating industry" analysis
- Download "User generated content moderation solutions for the online dating industry" analysis
Post by Mark Brooks, CEO IDEA