DPL-Surveillance-Equipment.com

These are new product announcements from my main website (Open 24/7/365). We have a life-time warranty / guarantee on all products. (Includes parts and labor). Here you will find a variety of cutting-edge Surveillance and Security-Related products and services. (Buy/Rent/Layaway) Post your own comments and concerns related to the specific products or services mentioned or on surveillance, security, privacy, etc.

Monday, December 23, 2013

Silicon Valley Bank, Highly Supportive Of Bitcoin-Based Businesses And Bitcoin Customers

Silicon Valley Bank, Highly Supportive Of Bitcoin-Based Businesses And Bitcoin Customers









"This Is The Type Of Bank That Deserves Both My Business And Personal Accounts".

 Monty Henry, Owner
DPL-Surveillance-Equipment.com

 Companies trying to cash in on the newfangled bitcoin craze are having trouble getting old-fashioned bank accounts.

 Lenders are leery of dealing with virtual-currency companies because of concerns that the businesses could run afoul of anti-money-laundering laws or be involved in illegal activities, banking executives say. Regulators and central bankers around the world have raised similar concerns in recent months.

 The problem has grown so acute that some owners of fledgling virtual-currency businesses are trying to elude bank scrutiny by avoiding the words "bitcoin" or "bit" in their names, according to entrepreneurs and investors who actively track the industry.

 Patrick Murck, general counsel for the Bitcoin Foundation, a trade group, has been raising the issue in meetings with regulators and bank executives.

 "This is definitely causing a bottleneck in the industry," he said in an interview. "The ability of companies to get bank accounts is necessary so that they can take the next step in building out the core bitcoin infrastructure."


Bitcoin has exploded in popularity since its introduction four years ago. The virtual currency is "mined" using computer algorithms and swapped electronically among users for the purchase of goods and services or as an investment. The price of one bitcoin has been extremely volatile in recent weeks, soaring above $1,100 from less than $20 at the beginning of the year. It has since retreated to around $638, according to a CoinDesk index of three popular bitcoin exchanges.

 Such gains have prompted big-time venture-capital firms such as Accel Partners, General Catalyst Partners, Lightspeed Venture Partners and Union Square Ventures to pile into bitcoin-related companies in recent months.

 But Bankers Don't Share Investors' Enthusiasm.

 Entrepreneur Jesse Powell said he reached out to roughly 30 banks in the past year when he wanted to open an account for his fledgling virtual-currency exchange, called Kraken. Bitcoin exchanges need bank accounts so that they can receive wire transfers from customers.

 "I talked with tons of them and got far along, but ultimately it turned out to be a waste of time because the [banks' regulatory] compliance guys would pull the plug," he said. Stymied in the U.S., Mr. Powell eventually found a bank in Germany.


Then last month Bank of America Corp. froze the account that funded general operations for Kraken's parent company, called Payward Inc., according to Mr. Powell. He said the bank unlocked the account on Dec. 2 after he responded to a questionnaire from Bank of America about Payward's business.

 "It was a total nightmare, to put it mildly," said Mr. Powell, who tapped his personal bank when the company account was frozen. Mr. Powell pays employees in bitcoin or dollars, depending on their preference.

 Bank of America declined to comment on Mr. Powell's situation, citing rules on customer privacy. A spokesman said, "We support clients in a variety of industries and, per regulatory guidance, perform additional due diligence for money-services businesses."

 "It is really, really hard to get a bank account, because banks don't know if bitcoin is friend or foe," said Meyer "Micky"Malka, a former banker and founder of Ribbit Capital, a venture-capital firm in Palo Alto, Calif., that has invested in three bitcoin companies.



Big banks are reluctant to say whether they have a firm policy about providing services to bitcoin-related companies but said virtual currencies require an extra level of scrutiny.

 "Banks make their own decisions on which customers to accept, but areas like virtual currency that present heightened risk require heightened risk-management and controls," said a spokesman for the Office of the Comptroller of the Currency, which regulates banks.

 Wells Fargo and Co. considers bitcoin to be a "rapidly evolving area" and "will work to ensure that we meet our due-diligence requirements in providing any banking services to all money transmitters, including the review of federal registration, state licensing, business background and [anti-money-laundering] assessments," a company spokeswoman said.

 J.P. Morgan Chase and Co. won't provide banking services to any money-services businesses, which include everything from check cashers to bitcoin-related ventures, according to a person familiar with the bank's policies. The bank has come under intense regulatory scrutiny this year and is significantly scaling back in certain areas that could be considered risky. Also see: JP Morgan Chase (Crooks-In-Suits) Wants A Patent For Digital Payment System






John Reitano didn't even try to get a bank account from a large financial institution earlier this year when he was setting up Coinflash, a San Diego company that aimed to start a bitcoin-trading network similar to airport currency kiosks.

 "We went to a lot of little banks and explained what we were doing, but we got turned down by them, too," Mr. Reitano said. Ultimately, he didn't need a bank account; the business ran into regulatory hurdles and didn't get off the ground, he said.

 Silicon Valley Bank, a Santa Clara, Calif., lender with $23.7 billion in assets, is one of the few institutions providing banking services to bitcoin companies. The bank has established a separate due-diligence process to vet such ventures and is being "extraordinarily selective," said Chief Operations Officer Bruce Wallace.

 Mr. Wallace said providing services to bitcoin companies fits with the bank's business model to support innovative companies and "market disrupters." But he added, "I can definitely understand how some other financial institutions, where this is not a core part of their business, would question the point of taking any risk at all."



Monty Henry, Owner





















































NOW, look in on your home, second home, lake house or office anytime, anywhere from any internet connected PC/Lap-top or Internet active cell phone, including iphone or PDA.

Watch your child's caregiver while sitting at a traffic light or lunch meeting, or check on your business security from the other side of the world. Our built-in hidden video features all digital transmissions providing a crystal clear image with zero interference. With the IP receiver stream your video over the internet through your router, and view on either a PC or smart phone. Designed exclusively for DPL-Surveillance-Equipment, these IP hidden wireless cameras come with multiple features to make the user's experience hassle-free.

NOW, look in on your home, second home, lake house or office anytime, anywhere from any internet connected PC/Lap-top or Internet active cell phone, including iphone or PDA: http://www.dpl-surveillance-equipment.com/wireless_hidden_cameras.html

Watch your child's caregiver while sitting at a traffic light or lunch meeting, or check on your business security from the other side of the world. Our built-in hidden video features all digital transmissions providing a crystal clear image with zero interference. With the IP receiver stream your video over the internet through your router, and view on either a PC or smart phone. Designed exclusively for DPL-Surveillance-Equipment, these IP hidden wireless cameras come with multiple features to make the user's experience hassle-free.

• Remote Video Access

• Video is Recorded Locally To An Installed SD Card (2GB SD Card included)

• Email Notifications (Motion Alerts, Camera Failure, IP Address Change, SD Card Full)

• Live Monitoring, Recording And Event Playback Via Internet

• Back-up SD Storage Up To 32GB (SD Not Included)

• Digital Wireless Transmission (No Camera Interference)

• View LIVE On Your SmartPhone!

Includes:

* Nanny Cameras w/ Remote View
* Wireless IP Receiver
* Remote Control
* A/C Adaptor
* 2GB SD Card
* USB Receiver



FACT SHEET:  HIDDEN NANNY-SPY (VIEW VIA THE INTERNET) CAMERAS

Specifications:

Receiver Specs:

* Transmission Range of 500 ft Line Of Sight
* Uses 53 Channels Resulting In No Interference
* 12V Power Consumption
* RCA Output
* Supports up to 32gig SD

Camera Specs:

* 640x480 / 320x240 up to 30fps
* Image Sensor: 1/4" Micron Sensor
* Resolution: 720x480 Pixels
* S/N Ratio: 45 db
* Sensitivity: 11.5V/lux-s @ 550nm
* Video System: NTSC
* White Balance: Auto Tracking
Make Your Own Nanny Cameras:  Make Tons Of Money In A Booming, Nearly Recession-Proof Industry!


Your Primary Customers Include But Are Not Limited To Anyone In The Private Investigator, Government, Law Enforcement And/Or Intelligence Agencies Fields!

* You Buy Our DVR Boards And We'll Build Your Products! (Optional)

















Our New Layaway Plan Adds Convenience For Online Shoppers








DPL-Surveillance-Equipment's layaway plan makes it easy for you to buy the products and services that you want by paying for them through manageable monthly payments that you set. Our intuitive calculator allows you to break down your order's purchase price into smaller payment amounts. Payments can be automatically deducted from your bank account or made in cash using MoneyGram® ExpressPayment® Services and you will receive your order once it's paid in full. Use it to plan and budget for holiday purchases, anniversaries, birthdays, vacations and more!


DPL-Surveillance-Equipment's Customers can now use the convenience of layaway online to help them get through these tough economic times.

We all shop now and then just to face a hard reality -- big credit card bills. However, our latest financing innovation can help you avoid that. Find out why more and more shoppers are checking out DPL-Surveillance-Equipment's e-layaway plan.

If you're drooling over a new nanny camera, longing for a GPS tracker, or wishing for that spy watch, but you're strapped for cash and can't afford to do credit, do what Jennie Kheen did. She bought her iPod docking station (hidden camera w/motion-activated DVR) online using our convenient lay-away plan.

Our online layaway plan works like the old-fashioned service stores used to offer. But, in Kheen's case, she went to DPL-Surveillance-Equipment.com, found the iPod docking station (hidden camera w/motion-activated DVR), then set up a payment plan.

"It's automatically drawn from my account," she said. "I have a budget, $208.00 a month.

In three months, Kheen had paid off the $650.00 iPod docking station. She paid another 3.9 percent service fee, which amounted to about $25.35 (plus $12.00 for shipping) for a total of $687.35.

"You pay a little bit each month," Kheen said. "It's paid off when you get it and you don't have it lingering over your head. It's great."

Flexible payment terms and automated payments make our layaway plan an affordable and fiscally responsible alternative to credit cards.

1. Register:

It's quick, easy and FREE! No credit check required!

2. Shop:

Select the items or service you want and choose "e-layaway" as your payment option. Our payment calculator makes it easy for you to set up your payment terms.

3. Make Payments:

Payments are made on the schedule YOU set. Check your order status or adjust your payments online in a secure environment.

4. Receive Products:

Receive the product shortly after your last payment. The best part, it's paid in full... NO DEBT.

More Buying Power:

* Our lay-away plan offers a safe and affordable payment alternative without tying up your credit or subjecting the purchase to high-interest credit card fees.

No Credit Checks or Special Qualifications:

* Anyone 18 years old or older can join. All you need is an active bank account.

Freedom From Credit Cards:

* If you are near or beyond your credit limit or simply want to avoid high interest credit card fees, our e-layaway is the smart choice for you.

Flexible Payment Schedules:

* Similar to traditional layaway, e-layaway lets you make regular payments towards merchandise, with delivery upon payment in full. Payments are automatically deducted from your bank account or made in cash using MoneyGram® ExpressPayment®

A Tool for Planning Ahead:

* Our e-layaway makes it easy for smart shoppers like you to plan ahead and buy items such as bug detectors, nanny cameras, audio bugs, gps trackers, and more!

No Hidden Charges or Mounting Interest:

Our e-layaway makes shopping painless by eliminating hidden charges and monthly interest fees. Our customers pay a flat transaction fee on the initial purchase price.

NO RISK:

* You have the right to cancel any purchase and will receive a refund less a cancellation fee. See website for details.

Security and Identity Protection:

DPL-Surveillance-Equipment has partnered with trusted experts like McAfee and IDology to ensure the security and integrity of every transaction. Identity verification measures are integrated into our e-layaway system to prevent fraudulent purchases.

Note: Simply Choose e-Lay-Away as a "Payment Option" in The Shopping Cart



DPL-Surveillance-Equipment.com is a world leader in providing surveillance and security products and services to Government, Law Enforcement, Private Investigators, small and large companies worldwide. We have one of the largest varieties of state-of-the-art surveillance and counter-surveillance equipment including Personal Protection and Bug Detection Products.



Buy, rent or lease the same state-of-the-art surveillance and security equipment Detectives, PI's, the CIA and FBI use. Take back control!
DPL-Surveillance-Equipment.com

Phone: (1888) 344-3742 Toll Free USA
Local: (818) 344-3742
Fax (775) 249-9320

Monty@DPL-Surveillance-Equipment.com

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posted by DPL-Surveillance-Equipment | 8:55 AM

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