In the Spotlight- Banks for Kids:
Greenlight, Atlanta, Ga.-based startup, is trying to solve a problem that any parent of an elementary or junior high school student can well understand: how to give kids money without worrying that they’ll lose it or spend it on something they shouldn’t. Greenlight is the first card with store-level controls — in other words, the ability for a parent to give a child a specific amount that he or she can spend at a specific store or website — like Starbucks, Chick-fil-A, the neighborhood market store, Amazon.com.
Current Bank is an online-only bank that you access using a mobile app. It offers some unique features competitors don't, including fast direct deposits, instant credits for gas holds, special accounts for parents and teens, and Savings Pods to make putting money aside for a variety of goals easier.
Chime’s checking account, known as a Spending Account, prides itself on its lack of fees. It charges no monthly account fees and doesn’t require a minimum balance. Chime offers a program that accelerates your direct deposits, making them available up to two days early. Once you establish a direct deposit into your Spending Account, you’re eligible and can choose to receive your payment up to two days early, as soon as your employer deposits it.