Bumble Inc. Launches Deception Detector™: An AI-Powered Shield Against Spam, Scam and Fake Profiles
Bumble Inc. (NASDAQ: BMBL) has announced the launch of Deception Detector™, an AI-powered feature aimed at identifying and blocking spam, scam, and fake profiles on its platforms. The technology has led to a 45% reduction in member reports of such accounts within the first two months of its introduction. Research by Bumble Inc. reveals that global respondents have cited fake profiles and the risk of scams as their top concerns in online dating. Deception Detector™ aims to address these concerns by using machine learning to assess profile authenticity and automatically blocking 95% of identified spam/scam accounts.
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Deception Detector™ has led to a 45% reduction in member reports of spam, scam, and fake accounts within the first two months of its introduction
The technology uses machine learning to assess profile authenticity and automatically blocks 95% of identified spam/scam accounts
The introduction of Bumble Inc.'s Deception Detector™ represents a significant advancement in the user experience of their platform. By leveraging AI to identify and block spam, scam and fake profiles, Bumble is addressing a major concern among its users. The reported 45% reduction in member reports of undesirable activity within the first two months is indicative of the feature's effectiveness and could lead to increased user trust and retention rates. Trust is a critical factor in the success of social and dating platforms and improvements in this area can potentially translate to a competitive edge in the market.
Furthermore, the proactive approach to safety and authenticity may enhance Bumble's brand reputation, possibly attracting a demographic that values these aspects highly. This could result in an increase in the user base, thereby driving revenue growth through premium subscriptions and in-app purchases. The long-term implications for stakeholders include a stronger market position and potentially higher stock valuations if these initiatives translate into sustained user growth and engagement.
The deployment of Deception Detector™ indicates Bumble's commitment to cybersecurity and user protection. The use of machine learning models to automatically block 95% of identified spam/scam profiles showcases an industry-leading approach to digital security within the online dating sector. For stakeholders, this investment in AI and cybersecurity reflects a forward-thinking strategy aimed at mitigating risks associated with online scams, which have been on the rise in recent years.
From a cybersecurity perspective, the dual approach of combining AI with human oversight can be seen as a best practice, as it allows for scalability in security measures while maintaining a level of human judgment that is often necessary in complex situations. This balance is crucial in maintaining user trust and could serve as a benchmark for other companies in the industry. The emphasis on safety could also reduce potential legal and financial liabilities associated with security breaches, contributing to a more stable and robust business environment.
Bumble's integration of AI for the Deception Detector™ feature highlights the growing trend of AI applications in everyday consumer technology. The ability of the AI to assess the authenticity of profiles with a high degree of accuracy is a testament to the advancements in machine learning algorithms and natural language processing. For investors, the effectiveness of such AI implementations could signal Bumble's capability to innovate and adapt to technological trends, which is essential for maintaining a competitive edge in the tech-driven market of online dating.
It's also worth noting that the successful deployment of AI in this context could pave the way for further AI-driven features that enhance user experience and operational efficiency. The data gathered from these interactions can provide valuable insights into user behavior and preferences, which can be leveraged for targeted marketing and improved service offerings. The strategic use of AI could thus play a key role in driving future revenue streams and diversifying the company's product portfolio.
02/06/2024 - 08:30 AM
AUSTIN, Texas --(BUSINESS WIRE)--
To mark Safer Internet Day, Bumble Inc. (NASDAQ: BMBL) has announced its latest feature, Deception Detector™ , building on its decade-long priority of building kind, safe, and authentic connections. Deception Detector™ uses Artificial Intelligence (AI) to help identify spam, scam and fake profiles , aiming to take action before members even see them. Within the first two months of the technology’s introduction, Bumble saw member reports of spam, scam, and fake accounts reduced by 45% .
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Bumble Inc. Launches Deception Detector™: An AI-Powered Shield Against Spam, Scam and Fake Profiles (Graphic: Business Wire)
Research from Bumble Inc. shows that globally, respondents cited fake profiles and the risk of scams as their top concerns when online dating*. And almost half of women (46% ) surveyed expressed anxiety over the authenticity of their online matches on dating apps.** This concern and anxiety can lead people to miss out on meaningful connections that can positively impact their lives.
Deception Detector™ introduces a fast, reliable machine learning-based model to assess the authenticity of profiles and connections on Bumble Inc.’s platforms. Of those accounts identified as spam/scam profiles, Bumble Inc.’s testing showed that Deception Detector™ supported in blocking 95% of these accounts automatically. This automated and AI-based technology is used in conjunction with dedicated human support to prioritize a safe and empowering community.
Lidiane Jones, CEO at Bumble Inc., states, "In recent years, the online landscape has evolved significantly and we see a growing concern about authenticity. Bumble Inc. was founded with the aim to build equitable relationships and empower women to make the first move, and Deception Detector™ is our latest innovation as part of our ongoing commitment to our community to help ensure that connections made on our apps are genuine.”
“With a dedicated focus on women's experience online, we recognize that in the AI era, trust is more paramount than ever. We are being thoughtful about how to best use new models to reduce the anxiety of making connections and support our community, with AI standing as a main area of focus.”
This release is the latest from Bumble Inc.'s AI innovations across its products, building on the company's extensive history of combating misogyny, harassment, and toxicity online. The company previously introduced other detection capabilities such as Private Detector , an industry-first feature that utilizes AI to detect and blur lewd nude images, and was one of the first dating apps to utilize AI for photo verification. Recently, Bumble has introduced Best Bees, an AI algorithm that provides a higher level of curation for members, while Bumble For Friends has AI-powered conversation starters to provide members with a tailored, meaningful message when reaching out to a new connection.
Bumble Inc. was also a founding member and the first dating app to join forces with the Partnership on AI , reinforcing the company's focus on responsible technology. Deception Detector™ has been rolled out across Bumble, Badoo, and Bumble For Friends.
*Bumble Inc. State of the Nation Report 2023: All data was commissioned by Bumble Inc. within August and September 2023 with a global sample size of 28,000 people.
** The research was conducted by Censuswide on behalf of Badoo, among a sample of 8004 18+ Respondents who are single/using dating apps or have used dating apps within the last 6 months in the UK , France , Germany and Spain . The data was collected between 20.09.23 - 05.10.23. Censuswide abides by and employs members of the Market Research Society and follows the MRS code of conduct which is based on the ESOMAR principles.
About Bumble Inc.
Bumble Inc. is the parent company of Bumble, Bumble for Friends, Badoo, Fruitz, and Official. The Bumble platform enables people to build healthy and equitable relationships, through Kind Connections. Founded by Whitney Wolfe Herd in 2014, Bumble was one of the first dating apps built with women at the center and connects people across dating (Bumble Date), friendship (Bumble For Friends), and professional networking (Bumble Bizz). Badoo, founded in 2006, is one of the pioneers of web and mobile dating products. Fruitz, founded in 2017, encourages open and honest communication of dating intentions through playful fruit metaphors. Official is an app for couples that promotes open and honest communication between partners and was founded in 2020.
For more information about Bumble, please visit www.bumble.com and follow @Bumble on social platforms.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240206911584/en/
Investor Contact
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Source: Bumble
What is the latest feature announced by Bumble Inc. (NASDAQ: BMBL)?
Bumble Inc. has announced the launch of Deception Detector™, an AI-powered feature aimed at identifying and blocking spam, scam, and fake profiles on its platforms.
What is the impact of Deception Detector™ on member reports of spam, scam, and fake accounts?
Deception Detector™ has led to a 45% reduction in member reports of such accounts within the first two months of its introduction.
How does Deception Detector™ work?
Deception Detector™ uses machine learning to assess profile authenticity and automatically blocks 95% of identified spam/scam accounts.
What are the top concerns cited by global respondents in online dating according to research by Bumble Inc.?
Global respondents have cited fake profiles and the risk of scams as their top concerns in online dating.
What percentage of spam/scam accounts does Deception Detector™ support in blocking automatically?
Deception Detector™ supports in blocking 95% of identified spam/scam accounts automatically.
