MANILA -- The Philippines, the world's fourth-biggest remittance destination, has become a fierce battleground for homegrown startups and Western players seeking a bigger slice of the market.
Business trends
Philippines' $30bn remittance market lures digital upstarts
App-based players shake up industry with low-fee transfers and shorter wait times
Western Union and Cebuana Lhuillier are using financial technology to grab a piece of the Philippine remittance industry. © Reuters
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