Senior Kate Kellogg, vice president of Saint Mary’s Dance Marathon, first introduced her custom-designed canvas tote to campus in the fall of 2011. “When I was in high school, I would choose colors and fabric to create my own bag to bring to school,” Kellogg explained. “My mom’s business, the Queen and I Designs, had talented sewers that would put together exactly what I was envisioning.” Last year, when Kellogg constructed her own vision of a Saint Mary’s bag for students to haul their books around campus, she thought of incorporating Dance Marathon. “I decided to mass-produce the bag that I had wanted for my own personal use and sell it through Dance Marathon,” Kellogg said. “I thought it would be a great way for business and to raise awareness and donations for Dance Marathon.” Kellogg’s mother Jan said she and her company are very supportive of the Saint Mary’s Dance Marathon totes. “I have loved working with Kate on her bag designs,” Jan said. “It’s fun to have a mother-daughter project and to see her ideas produced as a product.” The popular navy canvas totes with a white imprinted French Cross have been extremely popular around campus. This year Kate engineered a new canvas tote for Dance Marathon with a black and tan block pattern, but still imprinted with a white French Cross that is a signature of the College. Kate said Dance Marathon has multiple fundraisers throughout the year in order to reach the final goal of $88,000. Throughout the rest of this week, Dance Marathon will be selling Kate’s custom-designed totes with 30 percent of the proceeds benefitting Riley Children’s Hospital. Along with the sale of the canvas totes, Dance Marathon is also hosting a Giveback night at Between the Buns on November 19, where 15 percent of all purchases will go towards Riley Children’s Hospital. Kate said she has enjoyed her involvement in Dance Marathon and Riley Children’s Hospital and urges all of the Notre Dame, Saint Mary’s and Holy Cross communities to participate. “It’s great to be doing something that I love and that expresses my creativity,” she said, “while also knowing donations will be going to a great cause.”
The Intelligent Way to Consolidate Anti-Money Laundering and Anti-Fraud ResourcesAt a recent Anti-Money Laundering (AML) conference, many BSA Officers voiced a common frustration that they were wasting time on false positives every day at the expense of detecting actual money laundering cases. This frustration is the result of a prevailing misconception that has been promoted by some software companies who claim that money laundering and fraud are often crimes committed by the same offender and should be detected together by using their software packages. After purchasing such software packages, some financial institutions try to detect both money laundering cases and fraud cases together. This has resulted in a huge amount of time, money and resources being wasted.This misconception can be corrected through a proper understanding of the sophisticated facets of transactional risks and by using a solution that truly helps financial institutions consolidate their resources to easily, effectively and efficiently manage these risks. Transactional risks are defined as risks directly associated with the transactions. For example, money laundering risk and fraud risk are directly associated with the transactions. Nevertheless, these risks possess very different characteristics. Customers who conduct money laundering through financial institutions intend to use the financial institutions as vehicles to achieve their goals. These money launderers usually pretend to be “good customers” since they need the financial institutions’ assistance to accomplish their schemes. They do not mind paying extra fees or losing interest on their money, and thus from the financial institutions’ perspective, these money launderers may appear to be great customers. This is a key reason why financial institutions need to conduct data mining on all transactions in order to detect money laundering activities which are hidden behind the scene. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
With the Trump administration set to slash the Environmental Protection Agency’s budget by 31 percent, many recent environmental protections may be in jeopardy. This development has worried politicians such as Sen. Barbara Boxer, who spoke at Bovard Auditorium on Thursday as the keynote speaker for the Environmental Student Assembly’s Earth Month. In January, Boxer retired from the U.S. Senate, where she served from 1993 to 2017. She was previously the ranking member of the Environment and Public Works Committee in the U.S. House of Representatives and served as chair of the U.S. House of Representatives from 1983 to 1993.Boxer began her speech by discussing the relationship between science and politics in the modern world.“It’s an odd world, filled with alternative facts, which I call authentic lies,” Boxer said to a laughing crowd. “We’re living through a time when science is so threatened that scientists have to march to show the American people that scientists are tellers of truth.”Boxer also spoke about the injustice of climate change.“We’re all taught to care about and stick up for the powerless,” Boxer said. “One of the reasons I was so attracted to the environmental issue is because it most often becomes an environmental justice issue.”Joshua Blockstein, the co-director of ESA, spoke about California’s environmental policy in an introduction for Boxer.“We need to look no further than our own state for evidence that we can take the initiative to revolutionize environmental policy,” Blockstein said. “California has taken the necessary steps to tackle climate change and protect our natural environment.”Jacob Lind, a freshman studying English, decided to come to the event to hear about Boxer’s political opinions in the Trump era.“She’s a political veteran, so it’s interesting to hear her take on the current turmoil,” Lind said. “She’s now a private citizen like the rest of us, but she has a kind of insight into the situation of Donald Trump being president.”Boxer’s presentation was followed by a panel featuring Bonnie Reiss, global director of the USC Schwarzenegger Institute for State and Global Policy; Terry Tamminen, CEO of the Leonardo DiCaprio Foundation; and Mary Nichols, chairwoman of the California Air Resources Board.Congrui Lin, a senior studying human biology, is an intern for Sen. Dianne Feinstein, and came to the event to learn more about California’s environmental policy.“I think that the cap-and-trade plan has been very successful, and so we should keep aggressively pursuing that and transitioning towards a cleaner economy,” Lin said in reference to California’s policy limiting greenhouse gas emissions. Rebecca Weber, co-director of ESA, felt that Sen. Boxer was a perfect choice for a speaker for Earth Month.“Our mission is to engage, inform and empower the student body about sustainability initiatives on campus, but it’s not just about campus anymore, especially with the new administration,” Weber said. “It’s good to make sure that students are informed about what’s going on.”To close her speech, Boxer called for students to take action on environmental issues.“We have the responsibility to stand up, to speak out, to be tough and to fight back,” Boxer said.