Comments on: BarcampToronto | disruption http://thebankwatch.com/2007/05/26/barcamptoronto-disruption/ Tracking the evolution of financial institutions Tue, 14 Feb 2012 15:54:46 +0000 hourly 1 http://wordpress.com/ By: Colin http://thebankwatch.com/2007/05/26/barcamptoronto-disruption/#comment-9319 Sun, 27 May 2007 15:26:16 +0000 http://thebankwatch.com/2007/05/26/barcamptoronto-disruption/#comment-9319 Thanks Frederic …. 2) should be helped by demographic shifts, which indicate that more than 50% of the working population will be ‘net gen’ by 2010.

]]> By: Frederic Baud http://thebankwatch.com/2007/05/26/barcamptoronto-disruption/#comment-9281 Sat, 26 May 2007 18:05:48 +0000 http://thebankwatch.com/2007/05/26/barcamptoronto-disruption/#comment-9281 Hi Colin,

I agree with the potential disruptive aspect of P2P lending. In Christensen’s theory, a good pattern for disruption is:

1) non-consummer are finally offered a product within their means

2) low margin customers are satisfied by this new good enough alternative and progressively switch to adopt it

3) incumbents are happy to let the low margin customers go one after one and concentrate on ever higher margins

While P2P lending is clearly satisfying criterium 1, we still have to understand how far criteria 2 will be fulfilled. At least, we are clearly heading for an interesting journey.

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