Reporter, Finance, Regulation and People, Dating Industry Insights. Edited by Bill Alena.
Hayley Birkin reports on the business of online dating for Dating Industry Insights: earnings, funding rounds, deals and valuations, the laws and regulators that shape the sector, and the people who lead it.
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TikTok removed 143 million videos for counterfeit violations between January and June 2024, a warning on trust and safety for dating apps.
SugarDaddyMeet now requires photo verification, blocking unverified users from messaging, video and voice, as it cites AI-generated images as a threat.
Chinese state media says the TikTok deal is only a "basic framework consensus", raising risk for dating apps' Valentine's Day marketing spend.
Grindr has backed the App Store Accountability Act, which would require Apple and Google to verify ages in their app stores. LGBTQ+ groups oppose it.
Seeking CTO Yoon Chang says dating platforms are "easy targets" for romance scammers. Action Fraud puts UK losses at £92.7M in the year to March 2024.
Snapchat will lock Australian accounts believed to belong to under-16s from 10 December. Platforms face penalties of up to A$49.5 million.
Match Group will pay $14M to settle FTC claims over fake romantic interest notifications, and must let users cancel via their signup channel.
Apple removed gay dating apps Blued and Finka from China's App Store after a regulator order, and BlueCity Holdings shares fell 8.3%.
The FBI warns that fake verification sites are being used to scam dating app users out of ID and payment details, often with recurring charges.
Life360 claims 95% of American couples use location-sharing, but Australia's eSafety Commissioner found only 13% say partner tracking is justified.
Match Group is making facial verification mandatory for all US Tinder users, using FaceTec scanning technology through its Face Check feature.
Tinder now requires facial verification for all new California users, and Match Group stores encrypted face maps permanently.
A Credit One Bank survey says one in five Gen Z and Millennial singles want credit scores on dating profiles. Its methodology was not disclosed.
Hinge now removes individual photos, prompts or videos that break guidelines instead of suspending accounts, but has given no data on safety impact.
Senators Blumenthal and Johnson have given Match Group until 15 October to document fraud detection on Tinder, Hinge and OkCupid, citing algorithmic design.
Hundreds of Southeast Asian scam compounds use trafficking victims to run romance fraud, the UN says, and replay attacks are defeating dating app selfie checks.
Meta says it has no current plans to launch Facebook Dating in Australia, despite 15 million local users, sparing Match Group and Bumble a new rival.
Australia's mandatory Online Dating Code, the first of its kind, began 1 April and gives Match Group and Bumble six months to comply.
Match Group issued a cease-and-desist to a British man over a parody Tinder app featuring only his wife's profile, alleging IP violations.
Sapphos, a Brazilian lesbian dating app, exposed 17,000 users' government IDs and selfies through an IDOR flaw and shut down in early November.