This study investigated gender differences on memory processing using event-related potentials (ERPs). Behavioral data and ERPs were recorded in 16 males and 10 females during a recognition memory task for faces. The behavioral data results showed that females performed better than males. Gender differences on ERPs were evidenced over anterior locations and involve the modulation of two spatially and temporally distinct components. These results are in general accordance with the view that males and females differ in the cognitive strategies they use to process information. Specifically, they could differ in their abilities to maintain information over interference and in the processing of the intrinsic contextual attributes of items, respectively, associated with the modulation of two anterior components. These interpretations lend support to the view that processing in females entails more detailed elaboration of information content than in males. Processing in males is more likely driven by schemas or overall information theme.