Exchange rates fluctuate so irregularly that often a matter of minutes can make a huge monetary difference to those sending money abroad. Now, Neomy

is a free automated personal assistant, which checks globals exchange rates constantly on the user’s behalf and informs them of the best time for transfers.

To begin, users create a profile and specify where they usually send money to and from. Neomy’s algorithm will constantly monitor all the global exchange rates and identify any significant changes. Then, it sends the user a notification when it is the best time to send money abroad.

We have recently seen a number of apps and tech platforms offering solutions to small financial problems, such as managing and canceling subscriptions. What other areas of financial services could be simplified through applications?