Beyond Consent: Why New Approaches to Data Protection and Privacy for the Digital Age Are Needed


13 June 2019 9:00 am - 10:00 am EDT
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As digital financial services gain popularity in developing countries, more and more governments are working on data protection and privacy legislation. But there’s a problem. Most of the laws under consideration rely on consumer consent as a basic cornerstone, a model that clearly is insufficient to protect consumer rights in today’s highly complex world where data is mined, monetized and resold. It’s time to consider a new data paradigm, one that puts more responsibility onto the service providers instead of consumers.

In this webinar, CGAP explained why consumer consent is no longer effective. The National Institute of Public Finance and Policy presented research showing how even well-educated consumers in India could not understand consent documents, and CGAP discussed new approaches to data protection and privacy.

Event Resources

Webinar presentation >>

CGAP blog series: Data Privacy and Protection >>


David Medine

David Medine | Senior Financial Sector Specialist | CGAP

David Medine is CGAP’s lead on data protection and security, developing consumer-oriented approaches and encouraging the creation of cyber security resource centers for developing countries. David has more than 25 years of experience with privacy and consumer financial services, serving as chairman of the U.S. Privacy and Civil Liberties Oversight Board, an attorney fellow for the Securities and Exchange Commission, and a special counsel at the Consumer Financial Protection Bureau. From 2002 to 2012, he was a partner in the international law firm WilmerHale. He also has served as a senior adviser to the White House National Economic Council, as associate director for financial practices at the Federal Trade Commission (FTC), and taught at the Indiana University (Bloomington) School of Law and the George Washington University School of Law. David has a Juris Doctorate degree from the University of Chicago Law School and a bachelor’s degree from Hampshire College.

Renuka Sane

Renuka Sane | Associate Professor | National Institute of Public Finance and Policy, India

Renuka Sane’s research interests lie in household finance, especially on household choice in financial instruments such as credit, pensions, insurance and equity markets, consumer protection in finance and data protection. She was a peer reviewer for the Financial Sector Legislative Reforms Commission on consumer protection and a member of the research team of the Bankruptcy Legislative Reforms Commission on individual insolvency in India. She is also a member of the Pension Advisory Committee of the Pension Fund Regulatory Development Authority, and a member of the Working Group on personal insolvency at the Insolvency and Bankruptcy Board of India. She has a PhD in Economics from the University of New South Wales and holds an M.A. in Economics from Mumbai University.




Consent forms are the backbone of data protection efforts worldwide, but there’s a problem: no one reads them. To protect people’s data, policy makers must go beyond consent.

The digital economy presents an opportunity to provide greater rights to individuals exactly when it matters.