The Financial Information Service Co., LTD. was found in 1998 with the purpose of providing financial institutions with better and more flexible interbank operations and services. Its shareholders are the Ministry of Finance of Taiwan, ROC, and 42 other public and private-owned financial institutions, with a total capital of NT$ 4 billion.

In order to promote sharing of resources and exchange of information among financial institutions, as well as to improve automation levels of interbank operations, the Ministry of Finance first established a task force called the Financial Information System Group (FISG). The FISG task force was established after the plan for its implementation won the approval of the Executive Yuan. The FISG took charge of planning, designing and implementing a nationwide interbank information network that would integrate all the financial institutions in Taiwan.

The FISG is the predecessor of the Financial Information Service Center. The Service Center was mainly responsible for the continuous planning and development of interbank information systems for financial institutions, and for the administration of the interbank financial information network. However, faced with a fast-changing financial service environment, the liberation of private-owned companies to value-added networks, and increasing global competition, the Service Center, which had operated within the administrative framework of the public sector, reorganized and transformed itself to a type of privately held company.

FISC operations include financial chip cards, a shared CD/ATM system, interbank remittances, bulk payments, credit card services, debit card services, financial XML, FEDI, Internet banking, mobile banking systems, inquiry services, information system disaster recovery, and data media storage. In the future, the FISC will continue working to improve systems and services with an eye to providing value in four key areas: focus, innovation, security, and convenience.