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There are a number of reasons why more women do not finish their tertiary education. Of course, once there is a choice between finishing school and landing a job to earn some money, those with no funds for a college education will opt for the latter. When women also marry and start a family, education will fall behind the list of priorities; especially if there will be babies in need of parental care. Women most commonly stay home to care for the children while their husbands earn money for their living.

However, with the economy situation today, there are more employees getting laid off from their jobs, and more families need a second source of income due to the lack of decent-paying job opportunities.

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Traditionally, credit card services has been the domain of banks. Most merchants already have accounts with banks, and banks have never had trouble finding takers for their credit card processing services. The point-of-sale machines at the merchant’s end are easily linked to merchant bank accounts. The bank then processes the credit card transaction for a fee.

Innovative technology and the internet have enabled the rise of third party credit card processing agencies. These agencies offer competitive prices and faster processing time. Banks are now facing heavy competition with many merchants moving their accounts to the more economical third party credit card processing firms.

Third party agencies are being preferred over banks for many reasons. S

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Australian banking major Commonwealth Bank of Australia (CBA) broke its silence Monday and issued an announcement confirming that the lender does not have a large enough exposure to incur a material loss from a possible default by troubled sovereign holding company Dubai World.

CBA released a terse one sentence statement saying:

“Commonwealth Bank of Australia confirms that it does have a financial exposure to Dubai World but it does not expect to incur a material loss as a result of the recently announced debt moratorium,”

CBA made its announcement on Monday, after maintaining silence on Friday, even after its three other Big Four rivals all confirmed that their exposure to the sovereign holding company of the Dubai government would not generate any material losses for them.

Dubai world wants a six month moratorium on its debt repayments. The

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Which? has released credit card guidance. Online shoppers aged 50 and over have been advised by Which? to take “simple steps” to avoid credit card fraud.

The consumer group has published new guidance entitled Computing Made Easy for the Over 50s in order to help people reduce their online crime risks.

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Australian banking major Commonwealth Bank of Australia (CBA) has refused to comment on whether the lender has any exposure to troubled sovereign holding company Dubai World.

The AAP sought comment from CBA on whether the lender had any exposure to either Dubai World or Dubai Commercial Operations Group LLC.

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