We define a generic multiplication in quantized Schur algebras and thus obtain a new algebra structure in the Schur algebras. We prove that via a modified version of the map from quantum groups to quantized Schur algebras, defined in (A. A. Beilinson, G. Lusztig and R. MacPherson, A geometric setting for the quantum deformation of GL(n), Duke Math. J. 61 (1990), 655-677), a subalgebra of this new algebra is a quotient of the monoid algebra in Hall algebras studied in (M. Reineke, Generic extensions and multiplicative bases of quantum groups at q = 0, Represent. Theory 5 (2001), 147-163). We also prove that the subalgebra of the new algebra gives a geometric realization of a positive part of 0-Schur algebras, defined in (S. Donkin, The q-Schur Algebra, London Mathematical Society Lecture Note Series 253. Cambridge University Press, Cambridge, 1998, x + 179. ISBN: 0-521-64558-1.). Consequently, we obtain a multiplicative basis for the positive part of 0-Schur algebras.