Aspects of the Brexit negotiations due to start on Monday may be less fraught than some people imagine as they will be conducted under aegis of an Article of the Treaty on the Functioning of the European Union (TFEU) few people have heard about.

Sandra Strong, Lead Commentator for Wolters Kluwer’s Croner-i International Trade, discusses the implications of negotiations under Article 218 which may avoid the need to get every member state to agree every aspect of Brexit.

Callidus Software Inc., a global leader in cloud-based sales, marketing, learning and 

Thomson Reuters is the first major industry player to make a smart oracle available in the blockchain ecosystem for lean experimentation purposes. 

TerraPay, the world’s first mobile payments switch, has partnered with YES BANK, India’s fourth largest private sector bank, to enable real-time international money transfers to bank accounts in India. Powered by TerraPay’s global clearing and settlement service, the partnership will make it faster and convenient for consumers to send money to any bank account.

Many enterprise electronic communications (eComms) applications offer an attractive proposition to businesses by delivering lower costs, more features and access to newer desktop apps. But while they might be extremely effective business tools, often they don’t provide the functionality required to meet the compliance and eDiscovery needs for organisations today.

The SmartStream Reference Data Utility (RDU), founded by Goldman Sachs, JPMorgan Chase, Morgan Stanley and SmartStream, today announced a new Markets in Financial Instruments Directive II (MiFID II) reference data service, enabling financial organisations to more easily meet regulatory requirements, which go live in January 2018. The SmartStream RDU MiFID II service is now in testing with customers.

Today Misys and D+H have joined forces to create a diversified global financial software provider, unmatched in terms of depth and breadth of solutions. Operating under the new company name Finastra (www.finastra.com), the combination will create the third largest financial services technology company in the world. The company has approximately 10,000 employees and over 9,000 customers across 130 countries, including 48 of the top 50 banks globally.

Bittium has received a purchase order for supplying the Finnish Air Force with Bittium Tactical Wireless IP Network™ (TAC WIN) system. The order is part of the modernization of the radio network performance of the Air Force’s bases with a Software-Defined Radio based IP radio system. With the order the use of the Bittium TAC WIN system within the Finnish Defence Forces’ branches expands to the Air Force. Bittium TAC WIN system will be delivered to the Finnish Air Force during the year 2017.

SWIFT today announces the launch of an instant payments messaging solution for the European market. It will allow instant payments to be made over the SWIFT network, and provide customers with a single gateway to connect seamlessly to multiple instant payments systems. The instant payments solution will be available by November 2018. Once delivered for Europe, the same solution could support instant payments initiatives elsewhere.

The Central Bank of Bahrain (CBB) has announced new regulations to create a regulatory sandbox that will allow startups and fintech firms to test and experiment their banking ideas and solutions. The creation of the regulatory sandbox provides an opportunity for fintech businesses around the world to expand and thrive in the Gulf and strengthens Bahrain’s position as a fintech and financial services hub in the GCC.