Spindle, Inc. announced that it has named Brian Bates to its board of directors. In addition, current board member Frank Knuettel II has been appointed Chairman of the Board. Bates previously served as Chief Executive Officer for Solveras Payment Solutions where he was charged with leading the strategic development of the company as well as overseeing the operations and growth of the business. In addition, he was responsible for launching new business and marketing initiatives aligned with the company's overall growth strategy in the payments arena. Under his leadership, Solveras was acquired by TransFirst in 2011.