Electronic payments crowd out checks in US: Fed

Electronic payments have surged in the United States to more than 75 percent of all noncash payments as check usage continues to fall by the wayside, a Federal Reserve report showed Wednesday.

Hacker gets 7 years for stealing credit card data

(AP) -- A federal judge in Boston has sentenced a Florida man to seven years in prison for playing a key role in one of the largest theft of credit and debit card numbers in U.S. history.

Big-time hacker from Miami sentenced in 3rd case

(AP) -- For the second time in as many days, a computer hacker accused of one of the largest-ever thefts of credit and debit card numbers stood before a federal judge and apologized for his actions.

Hacker gets 20 years for stealing credit card data

(AP) -- A computer hacker from Florida was sentenced Thursday to 20 years in prison for helping engineer one of the largest thefts of credit and debit card numbers in U.S. history.

Prosecutors to seek 25 years for TJX hacker

(AP) -- A computer hacker who helped orchestrate one of the largest thefts of credit and debit card numbers in U.S. history faces sentencing this week for hacking into computer systems of major retailers, including TJX Cos., ...

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