This Week In Business: Inside Iran’s Payment Network and Global Sanctions Strategy

This Week In Business: Inside Iran’s Payment Network and Global Sanctions Strategy

From Knowledge at Wharton by The Wharton School

March 27, 2026 · 13 min

About this episode

Philip Nichols discusses Iran's banking and payments infrastructure developed under sanctions and its future in the global financial system.

Philip Nichols, Wharton Professor of Legal Studies & Business Ethics, explains how Iran has built a complex and adaptive banking and payments infrastructure under decades of sanctions while exploring its future in an evolving global financial system. Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Host: The Wharton School

Guest: Philip Nichols

Topics covered

  • Iran's payment network
  • global sanctions
  • banking infrastructure
  • financial systems
  • business ethics

Keywords

  • Iran
  • payment network
  • sanctions
  • banking
  • financial system
  • business ethics

Mentioned in this episode

Organizations: Wharton School

Places: Iran, global financial system

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