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LATINE STUDENTS NAVIGATE FINANCIAL PRESSURES, SOCIAL AND POLITICAL CHALLENGES: STUDY REVEALS

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The 3rd Annual Dating App-Led Research Study Highlights Inflation’s Grip on Gen Z Latines, Evolving Views on Immigration, War, and Rising Mental Health Concerns

DALLAS, Aug. 8, 2024 /PRNewswire/ — Match Group’s Chispa, the #1 dating app made for Latin singles in the United States, in collaboration with the Center for Multicultural Science, releases the highly anticipated third annual “Latine in College 2024” study. This comprehensive study provides critical insights into the experiences and perspectives of Hispanic college students aged 18-24, shedding light on the impact of current economic, social, and political issues on their lives.

Latino students represent most of the nation’s growth in college degree attainment, according to a recent Excelencia in Education report. Latinos accounted for the vast majority, 79%, of the 4% overall increase in degree attainment over the last five years. “The significant strides Latinos are making in college degree attainment are commendable, but it’s crucial to recognize the challenges they continue to navigate,” said Dr. Jake Beniflah, Executive Director of the Center for Multicultural Science. “This year’s Latine in College Study with Chispa underscores the complex realities that Latinx college students face today, from financial burdens to evolving social dynamics.”

Conducted in June 2024 with a nationally representative sample of 1,040 Hispanic college students – both dating app and non-app users – this study aims to understand the myriad challenges faced by Gen Z Latine students today.

Key Findings Include:

Side Hustle Generation: Gen Z Latines and Impact of Inflation
The overall well being of today’s college-age Latine is significantly impacted by financial pressures. Due to inflation:

58% worry about paying for college tuition, a significant concern that underscores the financial burdens on students. 49% have a side hustle not aligned with their academic goals.41% feel more burdened by debt than ever before. 45% less willing to pick up the full tab and 39% less willing to split the bill.63% of students spend more time connecting virtually before meeting in person, indicating a shift towards more cost-effective dating practices.58% have considered dating someone well-off due to financial pressures, and 55% have considered dating someone older.

Immigration and Dating: Love Knows No Borders
Immigration issues deeply affect the lives and relationships of college students, intertwining with their personal beliefs and family dynamics.

41% believe their families would approve of them dating an undocumented immigrant, indicating a degree of familial acceptance.69% oppose mass deportation, reflecting strong humanitarian concerns.41% stress about a loved one potentially being deported, showing the personal impact of immigration policies.

Global Conflict and War: Campus Divisions Deepen
The impact of global conflict and war is profoundly felt by college students, affecting their mental health, social relationships, and campus life.

51% of students set boundaries to protect their mental health from negative news, and 68% doubt a safer future, indicating significant concerns about global security.33% have cut ties with people in their lives over differing views on the Israel-Hamas conflict, highlighting the impact that global conflicts can have on personal relationships.51% believe colleges should take stronger stances on safety and hate speech, while 44% have witnessed hate speech.

Future Outlook and Politics: Are Young Latinos Eyeing an Exit Post-Graduation?
The perspectives of Gen Z Latinos on politics and the future reveal a mix of optimism and uncertainty. While a majority are hopeful about the future for Latinos, many express concerns about the direction of the country.

36% plan to move out of the country after graduation due to concerns about the future, reflecting a significant sense of uncertainty.59% are optimistic about the future for Latinos, yet 49% believe the country is headed in the wrong direction.44% believe the country will be worse off in four years, yet 41% feel it is better off today than four years ago.

Affirmative Action: Do Gen Z Latinos Find Affirmative Action Unfair?
Gen Z Latinos hold diverse and nuanced views on affirmative action with opinions about diversity, fairness, and the impact of policies aimed at ensuring equal opportunities.

49% support affirmative action to ensure diversity. 48% believe affirmative action should also include groups like LGBTQ+.35% observe less diversity in the freshman class since the Supreme Court’s reversal.51% think affirmative action should not be solely based on race or ethnicity.44% view affirmative action as unfair to some students with 39% believing it perpetuates stereotypes. 38% say it would alter their perception of a classmate’s capabilities if they benefited from affirmative action.

“Young Latinos are deeply impacted by the intense pressures of today’s world. The financial strain of inflation, the heartbreak of witnessing their loved ones facing potential deportation, and the weight of global conflicts profoundly shape their dating experiences and ability to make real connections,” said Julia Estacolchic, Senior Director of Brand at Chispa. “Gen Z Latinos are navigating a complex landscape, balancing hope and hardship, and striving to find stability and purpose amidst the chaos. At Chispa, we are dedicated to standing with them, understanding their struggles, and providing a platform that truly supports their journey toward meaningful relationships.”

To further reinforce Chispa’s commitment to young Latinos, a donation is being made to four prominent organizations to be used towards scholarships and to provide resources for Latino students: The Society of Hispanic Professional Engineers (SHPE), The Hispanic Association of Colleges and Universities (HACU), Aprende Institute, and Hispanic Scholarship Fund (HSF).

About Chispa
Chispa is the largest dating app made for US Latinos, with 10 million downloads and the goal of helping Latinos create new connections with singles from similar backgrounds, cultures, and communities. Chispa is a Match Affinity dating app created in 2017 by Match Group (NASDAQ: MTCH), a leading provider of dating products designed to increase users’ likelihood of finding a meaningful connection, like Tinder, Match, Hinge, OkCupid, and more. The Chispa app is available on the iOS App Store and Google Play, both in English and Spanish. For more information visit www.chispa-app.com and follow @ChispaApp on TikTok, Facebook, Twitter, and Instagram.

About The Center for Multicultural Science
Founded in 2010, The Center for Multicultural Science is a leading non-profit, non-partisan, multicultural marketing research think tank and talent accelerator for underrepresented students in Los Angeles. Its vision is to challenge the status quo and help corporate America prepare for a multicultural America through research and data science.

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BinBase Expands 2026 BIN Dataset with Instant Payout Intelligence for iGaming, Gambling, and Cross-Border Transfers

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BinBase updates its 2026 dataset with specialized Fast Funds, Visa Direct, and Mastercard MoneySend indicators to help iGaming operators and payout platforms execute seamless, instant card disbursements.

MIAMI, July 23, 2026 /PRNewswire-PRWeb/ — BinBase, a global provider of payment routing intelligence and card issuing data, has introduced specialized instant payout indicators as part of its upgraded 2026 BIN Database. Tailored for iGaming operators, online gambling platforms, crypto-to-fiat ramps, and payout aggregators, the updated dataset helps platform engineers streamline real-time card disbursements and Push-to-Card (P2C) transactions.

In high-velocity sectors such as online betting and gaming, instantaneous player payouts are a primary driver of customer retention. However, executing Push-to-Card transactions through protocols like Visa Direct and Mastercard MoneySend requires knowing whether the receiving card issuer supports Fast Funds for specific merchant category codes (MCCs). Attempting instant payouts on non-eligible cards leads to declined transactions, elevated processing fees, and poor user experiences.

The 2026 BinBase release solves this operational bottleneck by delivering dedicated attributes for real-time fund disbursements:

Fast Funds Eligibility: Granular indicators identifying domestic and cross-border Fast Funds support across global Visa and Mastercard ranges.Online Gambling Fast Funds (OG FF): Dedicated flags specifically identifying card ranges authorized to receive real-time gambling and betting payouts.Mastercard MoneySend & Visa Direct Indicators: Precise protocol compatibility markers (MS Ind & MT Ind) ensuring push transactions are routed only to eligible recipient cards.Direct Debit & Pull-Funds Support: Indicators for recurring collections and account-funding transactions.

“Player payouts in iGaming cannot wait for standard 2-to-3-day ACH settlements,” said a spokesperson for Damiko Inc. “By embedding our Fast Funds and Gambling FF flags into their payment engines, operators can instantly validate recipient cards before initiating a transfer, guaranteeing high success rates and instant liquidity for their users.”

Fintech engineers and payout architects can examine the full 29-field database schema and access a free 2026 sample dataset on GitHub.

To explore commercial licensing, bulk database downloads, or custom data feeds, visit BinBase at https://binbase.com.

About Damiko Inc

Damiko Inc is a US-based fintech data provider specializing in card issuer analytics, payment routing data, and global BIN database solutions. Operating through its flagship product, BinBase.com, the company supplies high-precision transaction intelligence to help merchants and payment facilitators worldwide optimize approval rates and mitigate processing fees.

Media Contact
Fedor Lavrikoff, BinBase, 1 7866133334, sales@binbase.com, www.binbase.com 

View original content:https://www.prweb.com/releases/binbase-expands-2026-bin-dataset-with-instant-payout-intelligence-for-igaming-gambling-and-cross-border-transfers-302829344.html

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Walnut Coding’s Young Coders Serve as ‘Instructors’ at Huawei Cloud Developer Training Camp

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Ages 8 and 15, students showcase AI-era project-building skills from concept to working application

BEIJING, July 23, 2026 /PRNewswire/ — Walnut Coding (the “Company”), a leading online platform for youth coding education, said two of its students – ages 8 and 15 – have joined the “instructor” lineup at Huawei Cloud Developer Training Camp, making them among the youngest “instructors” in the program’s history. The Company cites the pair as a prime example of how young learners can combine coding fundamentals with AI tools to turn ideas into working applications.

The two students, Bolin Du, 8, and Peiqi Gao, 15, built working applications using Huawei Cloud CodeArts, an AI coding assistant, then presented the projects to the training camp themselves – walking the audience through their design choices, technical builds, and debugging process.

The move lands at a moment when AI coding tools are forcing a rethink across the education sector. Tools that can generate functioning code from a plain-language prompt have undercut the traditional argument for teaching children to program – that they need the skill to build things themselves. Walnut Coding’s answer is that the more valuable skill now is judgment – knowing what problem to solve, breaking it into parts, and determining whether an AI’s output actually works.

Gao built a travel-planning application that generates routes, itineraries, and recommendations based on user input, handling the project end to end, from requirements and design through coding and debugging. Du, the younger of the two, built an interactive calendar application, using HTML for page structure, CSS for visual design, and JavaScript for interactive features. Both students then took on an instructor’s role at the camp, presenting their project goals and technical implementation to the audience – a step Walnut Coding says separated the work from a typical classroom assignment.

These were not classroom exercises but working projects, built and presented inside a professional developer-training environment. The experience demanded more from both students than simply producing something functional – they needed to articulate their reasoning, defend technical choices, and refine the final result under scrutiny. Their participation signals a broader shift underway in what youth coding education can deliver.

AI is making code generation easier, but it is also redrawing which skills actually matter. A student who relies only on one-click generation may get a rough prototype quickly, but still struggle to spot logical flaws, judge whether the output is reliable, or turn an abstract idea into a product that actually works. Students with programming foundations, by contrast, are better positioned to define requirements, evaluate what the AI produces, correct its errors, and treat the technology as a tool rather than a shortcut to lean on.

“AI can help children generate code faster, but it cannot decide for them what problem they should solve, nor can it make the final judgment about whether the result is truly effective,” said Pengxuan Zeng, founder and CEO of Walnut Coding. “What these two students demonstrated is not just coding technique, but the ability to define needs, break down tasks, verify outcomes, and turn an idea into a working product. That is why we believe young people still need to learn programming in the AI era.”

Walnut Coding structures its courses around that thesis, pairing student-led project work with teaching-assistant guidance and AI-assisted support. According to the Company, this data is continuously fed back into its systems to refine the personalization of AI-assisted feedback — a closed-loop process linking teaching, practice, feedback, and curriculum development.

The Company frames the payoffs less around producing professional software engineers than around a broader form of literacy. As AI continues to reshape how tasks get done, the ability to understand the technology, structure problems clearly and collaborate effectively with intelligent tools may prove one of the most durable skills a young learner can develop.

Walnut Coding says it plans to keep expanding opportunities for students to build practical projects, partner with industry technology platforms such as Huawei Cloud, and develop the core capabilities needed to build with technology in the AI era.

View original content:https://www.prnewswire.com/news-releases/walnut-codings-young-coders-serve-as-instructors-at-huawei-cloud-developer-training-camp-302833884.html

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MOREH Showcases High-Performance LLM Inference on AMD GPUs at AMD Advancing AI 2026

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SAN FRANCISCO, July 23, 2026 /PRNewswire/ — Moreh, an AI infrastructure software company, led by CEO Gangwon Jo, participated in AMD Advancing AI 2026, AMD’s flagship annual AI event held in San Francisco on July 22–23 (local time), where it demonstrated its distributed inference solution, the MoAI Inference Framework, running on AMD GPUs.

At the event, Moreh presented a live demonstration of the GLM-5.1 large language model (LLM) powered by the MoAI Inference Framework on a system equipped with 32 AMD Instinct™ MI300X GPUs across four nodes. Visitors experienced the chatbot firsthand, evaluating its response speed and service quality while observing performance across a range of real-world use cases.

Unlike conventional demonstrations that simply run an AI model, Moreh’s showcase displayed key inference service metrics in real time, including GPU utilization, Tokens Per Second (TPS), Time To First Token (TTFT), and Time Per Output Token (TPOT). This enabled attendees to directly verify both inference performance and GPU resource efficiency in a production-like service environment.

Global AI industry leaders and enterprise customers attending the event expressed strong interest in the system’s fast response times and stable performance. In particular, the live deployment of the computationally demanding GLM-5.1 model on AMD GPUs at production-grade service levels received positive feedback from visitors.

Moreh’s MoAI Inference Framework is widely recognized as the world’s first commercially deployed distributed inference solution built for the AMD ecosystem. Its distributed inference and heterogeneous computing technologies are designed to dramatically reduce AI service costs, enabling broader adoption of AI worldwide. The technology addresses one of the industry’s biggest challenges-the rapidly rising infrastructure and service costs caused by increasingly larger AI models-by delivering a more efficient inference infrastructure.

Moreh CEO Gangwon Jo stated, “This event provided an opportunity for global customers to verify firsthand that top-tier inference performance can be achieved on AMD GPU environments,” and added “We will continue advancing our AI infrastructure software so enterprises can operate AI services as efficiently as possible, regardless of the underlying GPU platform.”

Moreh develops its own AI infrastructure engine and has expanded its end-to-end AI capabilities through its foundation LLM subsidiary, Motif Technologies, covering both AI infrastructure and foundation models. The company is also strengthening its presence in the global AI market through strategic partnerships with leading technology companies, including AMD and Tenstorrent.

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