
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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