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Jaris Unveils a Game-Changing Merchant Onboarding Solution for Partner Banks

On March 12, 2026, Jaris, a prominent player in embedded finance, made headlines with the launch of its innovative merchant onboarding solution. This new offering is already live with key financial partners including Dart Bank (through WestTown Payments), JustiFi, and Aurora Payments. This initiative aims to enhance merchants' access to a comprehensive financial ecosystem, making it easier for them to navigate through various services at one go.

For many merchants, the traditional journey for acquiring financial products and services can be lengthy and full of obstacles due to disparate systems. However, with Jaris’s new solution, merchants can complete a single online application in minutes, seamlessly enrolling in various financial services such as payment processing, lending, and banking. Chris Aristides, the founder and CEO of Jaris, expressed his enthusiasm for this modern approach, indicating that it not only simplifies interactions between merchants and banks but also fosters growth and mitigates risks for financial partners.

Revolutionizing Merchant Acquisition

The fintech landscape is witnessing a transformation with Jaris spearheading the charge towards a seamless onboarding experience. The newly launched onboarding engine is equipped with advanced automation and artificial intelligence, allowing merchants to transition from application to activation in record time. Its key functionalities include:

• - Multi-Product Enrollment: Merchants can now sign up for multiple services—including payment processing and loans—through a single application.
• - Intelligent Underwriting: This feature employs AI to facilitate quick decision-making, marrying automation with professional reviews.
• - Real-Time Monitoring: Users can effortlessly track their application status from submission to final decision, enhancing transparency.
• - Automated Verification: The process for Know Your Business (KYB) and Know Your Customer (KYC) verifications is streamlined, ensuring compliance effortlessly.
• - Error Reduction: Automated systems now handle corrections, shrinking timelines from days to mere hours.

Addressing Underwriting Backlogs

Traditional financial institutions have often experienced bottlenecks during the manual underwriting process. Dart Bank, for example, has transformed how it serves its small business clientele by leveraging Jaris's automated onboarding capabilities. Tom Lineen, President of Dart Bank, highlighted that the elimination of manual underwriting delays helps small businesses thrive, thanks to the compliance-friendly and rapid processes introduced by Jaris.

Enhancing User Experience

Fintech platforms, like JustiFi, have also noted significant improvements in merchant conversion rates since adopting Jaris’s onboarding suite. JustiFi reveals that they focus on creating a frictionless experience for their small and medium business (SMB) clients, asserting that Jaris plays an essential role in achieving this goal. Casey Kipfer, Chief Fintech Officer at JustiFi, pointed out the simplicity of the onboarding process as a critical component driving higher usage rates among customers—from the moment they start using the service.

A New Era in Risk Management

On the risk management front, Aurora Payments has experienced noteworthy enhancements in operational efficiency due to Jaris's automated tools for compliance and risk assessment. Alan Gibbon, Senior Vice President of Risk Management at Aurora, spoke on the competitive edge provided by quick risk evaluations, emphasizing that Jaris’s system facilitates a stress-free merchant onboarding process, significantly speeding up the financial service approvals.

Conclusion: Jaris Leading the Charge

Jaris positions itself not only as a technology service provider but also as a catalyst for financial institutions aiming to innovate their service delivery methods. With over a billion dollars in available capital and a robust compliance program, Jaris continues to empower payment processors and software companies to offer tailored financial solutions for their SMB customers. This solution not only increases customer satisfaction but also propels financial growth for Jaris and its partners.

To conclude, Jaris’s recent launch underscores its commitment to reshaping the financial landscape for merchants. By offering a channel that bridges the gap between complex financial products and small businesses, Jaris is setting a new standard for onboarding in the fintech industry, one that promises speed, efficiency, and customer-centricity.