Rather than point to some sort of innovation gap at Samsung, I prefer to consider that Samsung building their new Wallet to be interoperable with the iOS Passbook is a great thing for the industry.
|Samsung Wallet logo|
|Apple Passbook logo|
It's a smart move on Samsung's part to follow Apple on this. It shows that their business sense is not being overridden by some schoolyard-level ego about "anything they can do, I can do better." -- a mantra that seems to be the tone of too many journalists and commenters.
Kudos to Apple for not suing.
Now that the two largest smartphone vendors have found more common ground, perhaps a true "standard" will evolve from this.