In this paper, we adopt the organizing vision perspective to examine the creation and adoption of straight-through-processing (STP), an interorganizational information system innovation, in Taiwan Financial Industry. Through the lens of organizing vision and the use of qualitative research, we reveal the dynamic of interpretations and actions among different social actors in this community, and how such interpretations and actions lead to development and adaption of STP in a particular context. Our findings indicate that the business culture and language can affect greatly the understanding of business problematic and innovation at the outset of diffusion lifecycle. The analysis shows that the assimilation of innovation does not solely depend on the rational accounts of technical efficacy, but rather involved the complex interaction among various stakeholders. We conclude with the implications of this research.