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Finance

Philippines' biggest bank seeks slice of mobile payment boom

BDO Unibank's e-wallet set to challenge apps backed by Ant Group and KKR

BDO Unibank launched its BDO Pay mobile wallet in the Philippines this year. (Source photos by Reuters)

MANILA -- The Philippines' largest bank is seeking a slice of the country's flourishing mobile payments business in a move that would increase competition in a field dominated by fintech apps backed by giants such as China's Ant Group and KKR.

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