Craig Guillot

New Orleans

Freelance Journalist at Freelance

Writer, business journalist and content creator specializing in business, retail, technology and construction. https://t.co/e05YVwRk8p

Articles

How AI Is Changing the Claims Landscape: Speed, Accuracy and a Human Touch

2 weeks ago | riskandinsurance.com | Craig Guillot

Topics: Artificial Intelligence | Emerging Risks | Future of Insurance | Mar./Apr. 2025 Issue AI technologies are advancing rapidly and changing many aspects of the insurance industry, particularly in claims management. Generative AI applications can improve efficiency, communications, and customer experience by getting to resolutions faster. However, adopting AI is not without challenges.
Regional Report: West/Southwest

3 weeks ago | chiefexecutive.net | Craig Guillot

While the West and Southwest remain prime locations for manufacturing and tech companies, the semiconductor industry is growing rapidly in several states. Chip manufacturers are investing billions in Arizona, Texas and Oregon. Meanwhile, Samsung’s growing project in Austin now ranks as one of the largest economic development deals in U.S. history. 1.
Regional Report: Southeast And Northeast

Jul 30, 2024 | chiefexecutive.net | Craig Guillot

Manufacturing, biopharma and tech are strong drivers of economic development for the nation’s Southeastern and Northeastern states, which lure businesses with strong talent pools and infrastructure investments. Many are also attracting growing interest from international companies. 2 FLORIDA*Sun and Strong Economic GrowthTampa, Orlando and Miami are experiencing a surge in economic development.
More Americans are reaching retirement age than ever — and they’re not ready - CUInsight

May 6, 2024 | cuinsight.com | Craig Guillot |Lauren Culp |Jamie Conrad |Mark Arnold

In the next few years, more Americans than ever will reach the traditional retirement age of 65. A study commissioned by the Retirement Income Institute and the Alliance for Lifetime Income found nearly two-thirds of those approaching retirement age are unprepared and will struggle to meet their financial needs. It noted wide disparities in retirement security based on gender, ethnicity and education.
More Americans are Reaching Retirement Age Than Ever — and They’re Not Ready

May 6, 2024 | thefinancialbrand.com | Craig Guillot

A recent study by the Retirement Income Institute and Alliance for Lifetime Income shows that nearly two-thirds of the incoming wave of Americans approaching 65 is not prepared for retirement. This, and other factors — including workforce departure and spending decline — is expected to have a notable impact on the U.S. economy at large.
What Do Consumers Really Know about Overdraft Fees and Policies?

Apr 25, 2024 | thefinancialbrand.com | Craig Guillot

The small portion of consumers who rely on overdraft protection tend to be generally aware of their banks' policies and fees. However, a recent study from The Federal Reserve Bank of New York suggests most consumers are indifferent.
Can Banks Help Reduce Small Business Racial and Gender Disparities?

Apr 19, 2024 | thefinancialbrand.com | Craig Guillot

Access to startup capital strongly influences a small business's growth trajectory. JPMorgan Chase notes banks may reduce gender disparities by simplifying loan processes and offering more innovative options. FacebookTwitterLinkedInEmailPrintThe report: Scaling to $1 Million: How Small Businesses Fare by Owner Race and Gender [April 2024]Source: JPMorgan Chase & Co. InstituteBoth economists and policymakers agree the small business sector is a significant contributor to the American economy.
How Should Regulations Evolve to Keep Up with the Banking Industry?

Apr 8, 2024 | thefinancialbrand.com | Craig Guillot

The banking industry's revenue generation model has changed over the past 25 years and presents a new level of risk. Brookings Institution offers some regulatory options for consideration. FacebookTwitterLinkedInEmailPrintThe report: The Evolution of Banking in the 21st Century: Evidence and Regulatory Implications [March 2024]Source: The Brookings InstitutionLast year brought three of the largest bank failures in U.S. history: Silicon Valley Bank, Signature Bank and First Republic Bank.
Will GenAI be Your New Manager of Risk and Compliance?

Apr 2, 2024 | thefinancialbrand.com | Craig Guillot

GenAI tools can help banks better manage risk and compliance. However, to mitigate the technology's risks, McKinsey argues that banks must establish controls, meet exacting tech demands, and ensure they have the right talent and operating model.
Intelligent Banks Do More with Less

Mar 18, 2024 | thefinancialbrand.com | Craig Guillot

While global banks face growing pressures in 2024, Generative AI offers new opportunities to do more with less. FacebookTwitterLinkedInEmailPrintThe report: World Report Series 2024 Retail Banking: Intelligent Banks Do More with Less [March 2024]Source: CapgeminiWhy we picked it: French IT and consulting company Capgemini produces excellent reports on the banking industry. The annual World Retail Banking Report looks at global banking trends and technology.