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The Apple Pay Pivot?

PYMNTS

After a bit of a bumpy start to the year, what has become a now multi-week debacle with the FBI over that phone and a solid month of share prices below $100, it has been a while since Apple has managed a whole week of headlines that were, more or less, positive and even hopeful about innovation in the offing.

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Apple’s In-Store Story, Android Pay Goes Wearable And Samsung Open For Business In Thailand

PYMNTS

Samsung’s global march added another stopping point this week, as Thailand became the latest nation to come online for Samsung Pay. That announcement comes as most of the global payments-watching community was watching Samsung Pay’s imminent foray into India. Samsung Pay In Thailand.

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Most Platforms Can’t Scale, Will Fail

PYMNTS

Well, it is “an innovative new payment platform created to transform the payments industry by drastically altering the economics through Internet-based technology, generating significant consumer benefits.” Except, of course, it didn’t – and it is now in the crowded graveyard of payments innovations that sounded too good to be true.

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Finovate Spring 2018 – Day 2

William Mills

How they describe their product/innovation: Project Finance is a personal finance application that shows users the future of their finances based on all the choices and decisions they’re making today. HQ: Boston, MA. Fiserv & Samsung , fiserv.com @Fiserv @Samsung. Website: projectfinance.io. Twitter: @yourfinanceapp.

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46 Corporations Working On Autonomous Vehicles

CB Insights

Top initiatives: First company to test self-driving tech on the streets of Singapore, and later in Boston. It then also became the first to test such technology on public streets in Boston, Massachusetts. Samsung enters the driverless race, tests driver assist technologies on roads. Aptiv hits the road for testing.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

Indeed, co-founder Alejandro Resnik, the CEO, told the WSJ in 2015 that it was looking to raise a “monster round” of $300 million at a $2 billion valuation to fuel its national expansion. via Beta Boston. Torris said Boo.com also spent too much on advertising and promotions and failed to keep pushing forward on technology innovations.

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242 Startup Failure Post-Mortems

CB Insights

But overpriced, over-hyped hardware products weren’t the only “innovations” we said goodbye to: we also recently witnessed the deaths of startups working in mobile AR, e-commerce, digital media, and more. Title: Boston startup Besomebody, once featured on ‘Shark Tank,’ shuts down app. Product: Besomebody.

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