PayPal (PYPL) announced Intuit executive Alex Chriss will be the company's new CEO beginning September 27th. Argus Research Director of Financial Services Research Steve Biggar tells Yahoo Finance Live why he thinks Chriss "is a good fit" for PayPal and some of the "key focuses" for the company's future. PayPal has "a lot of competition in the payment space that they have to watch out for." The company has to "continue to be very innovative… They’ve had some struggle with margin expansion here as they focus more on, kind of, the back business than the payment button business, which is a little bit more lucrative for them. So all of those are key focuses" Biggar explains.