MoneyPenny is Facebook's newest digital invention. Reports have indicated that Facebook is currently testing out a brand new, voice-assisted, personal assistant application, to help Facebook account users with their online needs.

The project has been labeled "MoneyPenny", a character straight out of the movies playing as the secretary of James Bond's boss, M in "007 Bond" franchise.

Rumor has it that MoneyPenny's artificial intelligence is far more advanced when doing search queries since it will reportedly use real human intelligence as a large factor in fulfilling search requests. 

The voice application is reportedly designed "to ask real people for help researching and ordering products and services, among other tasks" but details on how the Facebook personal assistant will work have not yet been revealed.

This makes MoneyPenny, similar to "SMS concierge" applications like Ahoy, ASAP and Ketings where its users are said to delegate the crunch of daunting tasks to various online sources.

Information on Facebook's MoneyPenny had recently leaked out from employees who were informed about the project. While Apple's Siri and Google's Now focused solely on productivity, Moneypenny was similar to an online assistant who will find a way to ask real individuals for assistance in searching and buying goods on the worldwide web.

However, details about the app remain unclear as to what features the service will begin with and how exactly Facebook will fulfill requests.

Based on speculations, it seems that Facebook's Moneypenny will have services that are more commonly similar with SMS services like Magic, GoButler, Fetch or Operator where its users utilize text messaging by texting a real person or a group of people to assist them with simple errands and they figure out the logistics. Such startups require a service charge on top of the whole amount paid for the delivered goods, however it is still not known as to how much Facebook's Moneypenny will charge its millions of users.