{
  "id": 11754169,
  "title": "QIIB wins Citibank 2026 STP award for international payments",
  "url": "https://urgent.news/2026/10/03/qiib-wins-citibank-2026-stp-award-for-international-payments-11754169",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-03T10:50:00.000Z",
  "source": {
    "name": "Gulf Times Business",
    "slug": "gulf-times-business",
    "url": "https://www.gulf-times.com/article/734692/business/qiib-wins-citibank-2026-stp-award-for-international-payments"
  },
  "original_language": "en",
  "account": "QIIB has once again been awarded Citibank New York's prestigious '2026 Straight Through Processing (STP) Excellence Award' for its efficient international payments processing. This accolade underscores QIIB's robust operational capabilities and the high-speed, error-free execution of transactions worldwide. The recognition was presented at a ceremony at Citibank's headquarters, where QIIB COO Mohammed Khair Barhoumeh received the award from Citibank's Head of Financial Institutions Sales for the Middle East, Seemanti Considine.\n\nThe event was also attended by QIIB Head of Payments and International Operations, Najeeb Ahmed Nasiruddin, and senior representatives from Citibank. The award highlights QIIB's commitment to automation, strengthening its payment infrastructure, and enhancing customer experience, all in line with global standards.\n\nBarhoumeh emphasized that this recognition signifies the company's consistent operational performance and the significant strides made in advancing international payment services. He attributed the success to substantial investments in digital systems and team capabilities, which have substantially improved operational efficiency.\n\nLooking forward, Barhoumeh outlined QIIB's plans to further integrate advanced automation and analytics technologies, ensuring continued innovation and an enhanced customer experience. The company's long-standing partnership with Citibank is seen as a strategic asset, providing customers with seamless global payments access and supporting ongoing digital transformation.",
  "summary": "QIIB has again received Citibank New York’s ‘2026 Straight Through Processing (STP) Excellence Award’ for international payments. The recognition highlights QIIB’s strong operational capabilities and...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}